The Fed minutes are still talking about further rate hikes, and $BTC
it surged to 72,000 first
I just took a look—BTC is already at 72,000, up about 11% in the past 24 hours. It went from 64,000 to 72,000 in just two days. $BTW
I flipped through the news: the crypto meeting at the White House involving Trump really was a catalyst. Right there, he said the government “has discussed accumulating a significant amount of Bitcoin and other cryptocurrencies,” and he also directly confirmed the Senate vote on the September 15th “CLARITY Act.” The CEOs of major platforms like Coinbase, Ripple, and Robinhood were all in attendance.
$ETH also surged to 2,300, up 20% in 24 hours. When BTC rebounded, money really started rotating into more elastic assets. This short-covering, combined with the news catalyst, pushed the market up directly.
However, the Fed is still discussing rate hikes. The July FOMC minutes show that the vote to keep rates unchanged was 9 to 3, but “several” officials leaned toward raising rates. Many attendees believed that if inflation doesn’t fall, policy tightening is necessary. Short-term market sentiment is pushing it higher, but the macro logic hasn’t fully turned yet.
It’s reached 72,000—but whether it can hold there depends on volume.
it surged to 72,000 first
I just took a look—BTC is already at 72,000, up about 11% in the past 24 hours. It went from 64,000 to 72,000 in just two days. $BTW
I flipped through the news: the crypto meeting at the White House involving Trump really was a catalyst. Right there, he said the government “has discussed accumulating a significant amount of Bitcoin and other cryptocurrencies,” and he also directly confirmed the Senate vote on the September 15th “CLARITY Act.” The CEOs of major platforms like Coinbase, Ripple, and Robinhood were all in attendance.
$ETH also surged to 2,300, up 20% in 24 hours. When BTC rebounded, money really started rotating into more elastic assets. This short-covering, combined with the news catalyst, pushed the market up directly.
However, the Fed is still discussing rate hikes. The July FOMC minutes show that the vote to keep rates unchanged was 9 to 3, but “several” officials leaned toward raising rates. Many attendees believed that if inflation doesn’t fall, policy tightening is necessary. Short-term market sentiment is pushing it higher, but the macro logic hasn’t fully turned yet.
It’s reached 72,000—but whether it can hold there depends on volume.