100% interest rate cut in September! Can Bitcoin take advantage of the momentum to sprint?

The interest rate cut on September 18 is almost a foregone conclusion. The currency circle expects a 50 basis point interest rate cut without a recession. If this expectation is true, the market will surely rise!

Last Friday, Powell's speech released a signal that the interest rate may be cut by 50 basis points, which directly pushed Bitcoin to $64,000. But last night, the U.S. stock market fell back, and after calming down, the market believed that the probability of a 25-point interest rate cut was greater. Next, the market will continue to hype the 50-point expectation based on the data until the final resolution on the 18th.

Follow Lao Chen, keep up with the market pulse, and seize the best trading opportunities!

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