#InterestRatesCut
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The 3400 of gold is not difficult to understand; many people are wondering if something major is about to happen.
It is simply the expectation of interest rate cuts driving almost all assets, for example, the US stock market is also continuously reaching historical highs, while the unexpected early interest rate cut may disrupt this rhythm.
At this stage, it is a honeymoon celebration period because there is absolutely no possibility of a rate cut in July.
On Tuesday, Powell and Bowman spoke together, also because during the blackout period, it is impossible to express any opinions.
To put it simply, right now you can't find any possible negative news for crypto
