Fed Rate Cut Possible Before End of Year
Federal Reserve Bank of San Francisco President Mary Daly said the U.S. central bank may keep interest rates on hold longer than expected because of inflation risks, but could still cut them later in the year.
📊 An assessment of the accumulation trend shows that the selling pressure on BTC is over and accumulation is starting to increase at current levels. These are early signs of renewed interest.
📊 Glassnode reports that long-term Bitcoin holders remain in profit, but large BTC buyers may face mounting losses as they transition to LTH status. We are likely to see more market volatility.
🇫🇷 France says US dollar will lose confidence if President Trump fires Fed Chairman Jerome Powell.
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