August fortune
Friends in the community, today is August 23, Friday, everyone have a happy weekend~
Today's market is good, BTC and ETH have both seen significant gains, with Bitcoin soaring to 61,800
Ethereum to $2,600.
The second point is that the minutes of the Federal Reserve meeting "clearly stated that interest rates will be cut in September." With high interest rates, the Federal Reserve can no longer bear it and will definitely cut interest rates in September, estimated to be a 25 basis point reduction.
The third point is that this is a policy that Harris supports to promote the development of the crypto industry. Everyone is trying to win votes, but it is hard to say what policies will be implemented after taking office.
Fourth, the number of non-farm payrolls in the United States was "adjusted down by 818,000", the highest in 15 years. Now there is a strong policy to support it, so there is no problem with interest rate cuts.
As the interest rate cuts begin, the United States will start to flood the market with money, and the most difficult days will be over.
In the long run, BTC and ETH will continue to rise.
