I personally think that the biggest reason for the fluctuation of $BTC is the interest rate cut by the Federal Reserve.

Just like the bank said "we will charge less interest", this matter has an impact on the global wallet. Recently, when the Federal Reserve said interest rate cuts, the price of Bitcoin also fell, because everyone felt that the money in their hands might not be valuable, and began to sell it continuously!

The Federal Reserve suddenly said that they would not treat Bitcoin as a treasure, which made many people who wanted to use Bitcoin for hedging hesitate!

If everyone is afraid and starts selling, it would be strange if the price does not plummet! As long as there is a lot of recognition, it will work!

#比特币市场波动观察