The 401 bill has been passed, there is 12.5 trillion U here, if it enters the crypto market by 1%, that means 125 billion U of liquidity!
Trump signed an executive order on Thursday allowing private equity funds, real estate, cryptocurrencies, and other alternative assets to be included in 401(K) retirement accounts. Trump's executive order will instruct the Labor Department to reassess the guidelines for alternative asset investments in retirement plans.
With one more vote for interest rate cuts, a rate cut in September is more stable. Pay attention to the CPI data on the 12th next week. President Trump has appointed the current Chairman of the Economic Advisory Council, Stephen Moore, as a Federal Reserve Governor, with a term ending on January 31, 2026.
Trading Strategy:
For spot trading, hold tight until after the rate cut on September 17, and adjust based on the situation.
For contracts, go long on strong currencies, follow the trend!