There are two major events tonight that could have a major impact on the entire financial market, especially the price of $BTC :
US 10-Year Bond Auction (12:00 PM Vietnam Time):
This is the issuance of 10-year US government bonds. If the auction does not attract many investors to buy the bonds, the price of the bonds will fall sharply. This will lead to an increase in bond yields, putting pressure on the US banking system. Higher bond yields can cause capital to flow out of riskier assets such as Bitcoin and other cryptocurrencies, pushing the price of $BTC lower.
FOMC Minutes Released (1:00 AM ET): The minutes will provide insight into the Federal Reserve's views on the economy, inflation, and monetary policy. Currently, there is an expectation that the minutes will be dovish, meaning more easing. If the Fed signals that inflation has eased and the economy is strong enough to begin a rate-cutting cycle, this could be good news for financial markets and could potentially push Bitcoin higher.
Conclusion: These two events will have a direct impact on market sentiment and the price of $BTC . If bond yields rise and the Fed takes a more cautious stance, BTC could come under downward pressure. However, if the FOMC minutes indicate an upcoming rate cut, it is likely that $BTC will rise on expectations of a low-interest-rate environment.
After Israel announced that it was only targeting military and intelligence targets in retaliation, the US stock market - SPX has turned around and increased sharply!
On the other hand, $BTC is sluggish - causing altcoins to bleed slightly
However, a good sign is that the money flow is showing signs of returning to strong activity on the $ETH network - memes on $ETH are returning to bump very strongly!
$NEIRO reached the 800m mcap mark #NEIROETH is now only 58m The fate of these two is really opposite. đ
On the #Neiroeth, I discovered that the Wintermute sub-wallet has been collecting for 2 more days. I wonder what this guy is planning to do with this one.
Con $Cats nĂ y sao nhiá»u Ăœ kiáșżn khĂĄc nhau váșy nhá»? - CĂł ae thĂŹ náșĄp Ton tĂnh ra bĂĄn Äc x3-x4 - CĂł ae thĂŹ náșĄp Ton bĂĄn bá» lá» - CĂČn ae cĂ y chay thĂŹ ÄĂșng lĂ ko Äc bao nhiĂȘu.
#OP has gone through several #ETH updates, and Iâm feeling pretty optimistic about this 4th one! After the Decun event, #OP reached $5, which is even higher than after the Shanghai update.
This time with Pectra, it surely wonât lag behind Shanghai, right? #OP could easily hit $10, or even $20. At the very least, weâre looking at a potential x2 from its previous ATH!
It seems like some people are getting cautious, but what do you think about #OP hitting $20? Donât be scared, the opportunity is right here! đȘ