$BTC $ETH $SOL The Federal Reserve's interest rate decision is imminent, Bitcoin's fate hangs in the balance!
Currently, the financial market's attention is focused on the upcoming Federal Reserve meeting, and Bitcoin's trajectory is entirely tied to this event. The U.S. May CPI data fell short of expectations, with the May CPI annual rate at 2.4% and the core CPI annual rate at 2.8%. This data has increased market bets on interest rate cuts starting in September, with a general expectation of two cuts this year. Even Trump has spoken out, suggesting that the Federal Reserve should cut rates by 100 basis points to reduce interest on maturing debt.
Recently, there has been a continuous stream of news related to the cryptocurrency market. The U.S. CLARITY Act has passed the Financial Services Committee's review and will be submitted for a full vote in the House of Representatives; the U.S. Federal Appeals Court has temporarily suspended the ruling on Trump's tariff powers and will hold a hearing on July 31; the SEC has initiated procedures to review the NYSE's application for listing the Bitwise BTC and ETH mixed ETF.
Regarding Bitcoin's investment prospects, there are contrasting views in the market. Cryptoquant analysts claim that U.S. investor buying is increasing, the trend is normal, and the market is optimistic; the Strategy CEO states that Bitcoin is no longer in a bear market; some researchers even predict that Bitcoin may exceed $200,000 by the end of the year, reaching a fair value of $230,000, with skyrocketing U.S. federal debt and tax reduction plans being key factors. Meanwhile, the U.S. Treasury Secretary mentioned that the debt ceiling deadline will be reached from mid-summer to late summer, while the inflow of funds into digital asset investment products continues to grow.
Next week, the Federal Reserve meeting will reveal the policy inclination for the remainder of the year through the dot plot. If subsequent data continues to decline steadily, the likelihood of a rate cut in September will increase significantly. Once rates are cut, market risks will ease, and Bitcoin is expected to welcome new upward opportunities. Investors are holding their breath, waiting to see how this grand performance unfolds. Additionally, the current 'Conan' (Co n a n) meme聊天群 is still in the early stages of development, with a market value of only over 4 million USD, making it a typical 'small but beautiful' potential stock! Being positioned within it may yield the largest dividends in this round of the bull market! #美国加征关税 #加密圆桌讨论 #美国CLARITY法案