$BTC $ETH Recently, the trend in the cryptocurrency market can be described as crazy. Bitcoin has surged strongly, breaking through $118,000 and continuously refreshing its historical highs. Ethereum is also not to be outdone, rebounding strongly and breaking the $3,000 mark. The entire cryptocurrency market is showing a prosperous scene, with a general upward trend, and the total market value rapidly climbing to $3.7 trillion, with a rise of over 1% within 24 hours. This sudden surge raises the question of what is driving it?
I have heard a significant piece of news: Powell might resign. Everyone knows that the Chairman of the Federal Reserve has always been a key obstacle on the path to interest rate cuts. If Powell really resigns, does that significantly increase the likelihood of the Federal Reserve frequently cutting interest rates in the future? Looking at the recent dynamics in the cryptocurrency market, does this suggest that policy direction may shift to favor the cryptocurrency sector, preparing to provide certain space for development? With this chain of associations, the recent surge in the cryptocurrency market seems to have a reasonable explanation.
However, currently, the news of Powell's resignation has not been officially confirmed, and everything remains uncertain. We can only patiently wait for the authenticity of the news to be confirmed. Once the news is confirmed, the future development direction of the cryptocurrency market is incredibly exciting, and a new transformation may be quietly brewing. #套利交易策略