It was unexpected, but also reasonable. After all, according to market surveys, the probability of a 50 basis point rate cut has risen to 60%.
The Fed always controls market expectations in this way. A 25 basis point rate cut means a dovish tone.
For the market, Bitcoin is lucky that it did not immediately rise by 10%+.
I am happy to see this rising rhythm.
It is said that a 50 basis point rate cut indicates that the fundamentals are not good.
In fact, the trading recession is a bit too large. It may not be possible to achieve a market like 312 even after half a year.
Through the Fed's monetary policy and market expectations, Bitcoin may not come even after the bull market is over...
Let the violent bull fly for a while~
