🔥It's on fire🔥, Federal Reserve Chairman Powell has clearly joined the "dovish" camp!!! He stated that the economic risks have increased, and the reasons for interest rate cuts are more justified now. This almost implies that: the Federal Reserve might cut rates by 25 basis points in the September meeting. The previous trade war caused some price fluctuations, but Powell believes that was just a one-time shock and won't persist, so the central bank won't pay much attention to it. He also mentioned that the job market is not so tight now, and instead, the downward risks are becoming more evident, making it unlikely for inflation to continue rising.
This is a signal for us in the crypto world — the possibility of liquidity coming back again, and once liquidity increases, funds may flow toward assets like Bitcoin. He didn't make a definitive statement, as there are risks on both the inflation and employment sides, and the situation is still quite complex. In simple terms, market expectations for easing have strengthened, but that doesn't mean it will be smooth sailing; staying alert is key.
Mr. Old Poison is optimistic about future monetization!!! #BNB创新高 $BNB
