The current price of Bitcoin is indeed high, and although some people predict that it may hit the $100,000 mark, this is still a probabilistic event full of uncertainty. More urgently, the market generally expects that interest rate cuts are coming, and this adjustment in economic policy has an unignorable impact on the cryptocurrency market, especially high-volatility assets such as Bitcoin.

Let's analyze it through a specific example: Suppose you hold a Bitcoin, which is currently worth $60,000, and the exchange rate of the US dollar to another major currency (let's call it U) is 7.28. Then, the value of this Bitcoin converted into U is:

60,000 * 7.28 = 436,800 U

However, if the market expects that the interest rate cut will lead to a change in the exchange rate, such as the exchange rate of U to the US dollar drops to 7, then the value of the same Bitcoin converted into U will become:

60,000 * 7 = 420,000 U

The difference between the two reaches 16,800 U. If further converted back to US dollars, this difference is equivalent to:

16,800 / 7 = 2,400 US dollars at an exchange rate of 7

This is simply the result of the exchange rate falling from 7.28 to 7. It is worth noting that this difference of 2,400 US dollars is exactly equal to the 4% drop in Bitcoin's value when it is worth 60,000 US dollars (60,000 * 4% = 2,400). This means that even if the Bitcoin price itself remains unchanged, the fluctuation of the exchange rate alone is enough to cause a significant change in the value of the asset.

Worse, if the exchange rate falls further to 6.5, the losses will be even more severe. Considering the complexity and uncertainty of the global economic situation and the high sensitivity of the cryptocurrency market, this weakening trend does not seem to be groundless.

In summary, when investors hold cryptocurrencies such as Bitcoin, they need to pay attention not only to the price fluctuations of the assets themselves, but also to pay close attention to the changes in international exchange rates and how they jointly affect the value of their portfolios. In such a volatile market, a cautious and flexible investment strategy is particularly important. #比特币行情 #美国7月非农就业增长放缓 #美联储何时降息？ #美国政府转移BTC #超级央行周 $BTC $ETH