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老腊肉1688-kevin
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In one sentence from Wosh, crypto shakes three times: Is $80K BTC a starting point or an endpoint?
When the Fed chair said, “We still have work to do,” the frenzy of Bitcoin breaking through $80,000 suddenly went quiet.
At 22:00 on August 28 Beijing time, Federal Reserve Chair Kevin Wosh delivered a speech titled “The Age We Live In” at the Jackson Hole Global Central Bank Conference.
Before the words even left his mouth, gold plunged by 50 dollars, and market expectations for a September rate hike surged from 35% to 60%. A few days earlier, meanwhile, Bitcoin had just soared past the $80,000 mark, hitting a three-month high—up 28% so far in August.
On the surface, it’s a continuation of a liquidity feast; in reality, the Fed has already started pulling the tablecloth away.
At 22:00 on August 28 Beijing time, Federal Reserve Chair Kevin Wosh delivered a speech titled “The Age We Live In” at the Jackson Hole Global Central Bank Conference.
Before the words even left his mouth, gold plunged by 50 dollars, and market expectations for a September rate hike surged from 35% to 60%. A few days earlier, meanwhile, Bitcoin had just soared past the $80,000 mark, hitting a three-month high—up 28% so far in August.
On the surface, it’s a continuation of a liquidity feast; in reality, the Fed has already started pulling the tablecloth away.
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