$BTC 👉High Liquidity, Bitcoin Continues Rally to US$109,000🚀🚀🚀🚀
📢Although market sentiment has improved, the Federal Reserve as the central bank remains cautious.
➡️In his latest statement, Fed Chair Jerome Powell emphasized that interest rate cuts are still uncertain and require time to assess the economic impact of tariff policies.
➡️Nonetheless, liquidity factors continue to support the market. The US Treasury continues to inject dollars into the financial system, while Bitcoin reserves on exchanges have hit the lowest level in the last seven years.
🔥“The supply of BTC is becoming increasingly limited through the halving mechanism, amid high liquidity that potentially supports the continuation of Bitcoin's upward trend in the coming weeks.
👉Additionally, the potential for interest rate cuts will serve as a catalyst that could drive BTC to set new all-time highs beyond US$109,000,” concluded Panji.
🔔With the current dynamics, the crypto market is in a relatively strong position to continue strengthening. However, room for volatility remains open.
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