1. The liquidity over the weekend is very low, $BTC has been fluctuating around 86,000.
$BTC spot ETF has seen capital outflows for four consecutive weeks. This week, due to the crypto conference not exceeding expectations, the BTC price has corrected, with an outflow of 4,553 units on Friday, which is a significant amount.
Due to the bear market in U.S. stocks, especially tech stocks, which have not yet stopped falling, it is difficult for cryptocurrencies to remain unaffected.
2. On March 19, the Federal Reserve will release a new version of the "dot plot" for interest rate expectations, which is the Fed members' forecast for future interest rates.
Currently, the market expects 1-2 rate cuts in 2025, but due to Trump's unexpected actions, there could be three rate cuts, possibly as early as June.
If there are three rate cuts, it will be beneficial for cryptocurrencies; if there are 0-1 rate cuts, it will be detrimental.
Federal Reserve Chairman Powell has taken a hawkish stance, insisting on reducing inflation first before cutting rates, while under Trump's tariff policies, inflation could worsen.#白宫首届加密货币峰会
$BTC spot ETF has seen capital outflows for four consecutive weeks. This week, due to the crypto conference not exceeding expectations, the BTC price has corrected, with an outflow of 4,553 units on Friday, which is a significant amount.
Due to the bear market in U.S. stocks, especially tech stocks, which have not yet stopped falling, it is difficult for cryptocurrencies to remain unaffected.
2. On March 19, the Federal Reserve will release a new version of the "dot plot" for interest rate expectations, which is the Fed members' forecast for future interest rates.
Currently, the market expects 1-2 rate cuts in 2025, but due to Trump's unexpected actions, there could be three rate cuts, possibly as early as June.
If there are three rate cuts, it will be beneficial for cryptocurrencies; if there are 0-1 rate cuts, it will be detrimental.
Federal Reserve Chairman Powell has taken a hawkish stance, insisting on reducing inflation first before cutting rates, while under Trump's tariff policies, inflation could worsen.#白宫首届加密货币峰会