$BTC
$BNB
$ETH
The Fed held steady at 3.75% overnight, maintaining rates for the fifth consecutive time without increase or decrease. On the surface, this meets expectations, but looking into the details—3 out of 9 votes support a rate hike, with Waller's hawkish stance heavier than expected.
How did the market react? Bitcoin is at 64,100, Ethereum at 1,905, SOL around 74, basically unchanged. The market's attitude toward this result can be summed up in four words: act as if nothing happened.
But at 8:30 PM, the June core PCE data will be released, expected year-over-year at 3.3%, slightly lower than last month's 3.4%. If the data exceeds expectations, the probability of a September rate hike will climb from the current 72%, and Bitcoin might not hold 64,000; if the data is below expectations, short-term pressure could ease, and we might see 65,000 first.
The crypto market has actually been quite resilient this week. Last week, the US tech stock market lost nearly 800 billion in market value in one day, the South Korean stock market crashed, and the semiconductor sector fell for two consecutive weeks, yet Bitcoin remained steady at 64,000 without collapsing. Some analysts say this indicates a decoupling between Bitcoin and chip stocks, with the market re-pricing risk-hedging logic.
Regarding individual stocks: Samsung's chip business profits surged over 250 times year-over-year, but the stock price did not rebound, following the same script as SanDisk and SK Hynix—good performance was expected, so the stock price still fell. Microsoft rose 8.5% after hours due to record-high cloud business growth and a lowered capital expenditure guidance, which the market interpreted as "AI spending finally being controlled." Meta's revenue forecast was weak, dropping 8%, showing clear tech stock divergence.
OKX will launch GRVT spot trading tonight at 21:00. You can deposit coins first; from 20:00 to 21:00 there will be a call auction, and the official opening is at 21:00. The new coin's pattern remains unchanged:
$BNB
$ETH
The Fed held steady at 3.75% overnight, maintaining rates for the fifth consecutive time without increase or decrease. On the surface, this meets expectations, but looking into the details—3 out of 9 votes support a rate hike, with Waller's hawkish stance heavier than expected.
How did the market react? Bitcoin is at 64,100, Ethereum at 1,905, SOL around 74, basically unchanged. The market's attitude toward this result can be summed up in four words: act as if nothing happened.
But at 8:30 PM, the June core PCE data will be released, expected year-over-year at 3.3%, slightly lower than last month's 3.4%. If the data exceeds expectations, the probability of a September rate hike will climb from the current 72%, and Bitcoin might not hold 64,000; if the data is below expectations, short-term pressure could ease, and we might see 65,000 first.
The crypto market has actually been quite resilient this week. Last week, the US tech stock market lost nearly 800 billion in market value in one day, the South Korean stock market crashed, and the semiconductor sector fell for two consecutive weeks, yet Bitcoin remained steady at 64,000 without collapsing. Some analysts say this indicates a decoupling between Bitcoin and chip stocks, with the market re-pricing risk-hedging logic.
Regarding individual stocks: Samsung's chip business profits surged over 250 times year-over-year, but the stock price did not rebound, following the same script as SanDisk and SK Hynix—good performance was expected, so the stock price still fell. Microsoft rose 8.5% after hours due to record-high cloud business growth and a lowered capital expenditure guidance, which the market interpreted as "AI spending finally being controlled." Meta's revenue forecast was weak, dropping 8%, showing clear tech stock divergence.
OKX will launch GRVT spot trading tonight at 21:00. You can deposit coins first; from 20:00 to 21:00 there will be a call auction, and the official opening is at 21:00. The new coin's pattern remains unchanged: