$BNB Analysis of Last Night's Market Movements

The Federal Reserve released multiple signals last night: maintaining the current interest rate level for the fifth consecutive time, but the policy direction is showing a subtle shift. Two key economic data points — the actual GDP growth rate for the second quarter in the U.S. and ADP employment data — both significantly exceeded market expectations, directly weakening the possibility of short-term rate cuts. Even more noteworthy is the rare disagreement within the Federal Reserve, the first in 30 years, as two governors appointed by former presidents publicly opposed the current resolution, breaking the consensus on policy direction.

After the data was released, the market reacted quickly: Bitcoin plummeted in the short term to the anticipated $115,000 range