#加密市场反弹
This is the first interest rate cut in 4 years. The financial market has different performances before and after the announcement of the interest rate cut. The three major U.S. stock indexes all turned down, erasing the gains since the Fed announced the interest rate decision. In addition, spot gold has also completely given up the gains since the announcement of the interest rate decision of the coal reserve. On the other hand, the crypto market has risen across the board, and BTC has once risen to more than $62,500.
The news has landed, with a 50 basis point interest rate cut. In his subsequent speech, Powell tried his best to appease the market sentiment, indicating that the U.S. economy is strong and there is no economic recession.
The general direction of the market in the future is upward. As far as the cottage is concerned, the differentiation between strong and weak will become more obvious, which will test everyone's ability to choose coins. To buy cottage coins with hype expectations, you must have sector awareness, follow the hot money, and ambush the next possible hot spot after eating a wave, so that the funds can be rolled up, and the cottage bulls can have a good life for a while!