Khem69

Top Narratives for the #Bitcoin 34% pullback:
- "Death Cross" - Technical Narrative - When Bitcoin crossed under the 50 week MA it always has a 362 day bear market so whales sell because they believe it will happen again.
- Bitcoin is the most liquid asset and its foreshadowing a general market selloff on the end of QT by the Fed which signals something is broken, so people sell.
- Bitcoin had its IPO moment as long term holders can finally exit because the liquidity is now big enough to allow them to, so they do.
- Microstrategy and digital companies will be reclassified and wont be included in the general indexes so they were revalued accordingly.
- China sold their 194000 Bitcoin
Pick any one. Its maybe all of these or some of these. But nothing changed on the blockchain. Its just better, regulation is further, and its about to go full mainstream adoption. Price makes narrative.
$BTC

White House Advisor Hassett Advocates for Fed Rate Cut in December Amid Cooling Inflation Data
On November 20, 2025, White House National Economic Council Director Kevin Hassett stated that recent economic indicators point to the need for the Federal Reserve to reduce interest rates at its December meeting. Speaking in an interview, Hassett emphasized that the data particularly softening inflation and a moderating labor market supports further monetary easing to sustain growth without overheating the economy.
This comes as the Fed navigates a delicate balance post its October 25 basis point (bp) cut, with markets now pricing in heightened odds of another reduction.
Key Elements of Hassett's Remarks
Data-Driven Rationale: Hassett highlighted metrics like the Consumer Price Index (CPI) showing core inflation at 2.6% year-over-year in October (down from 2.7% prior) and the Producer Price Index (PPI) easing to 1.8%. He argued these trends, combined with unemployment ticking up to 4.2%, suggest the Fed's benchmark rate currently at 4.50%-4.75% remains restrictive.
Expected Cut Size: Aligning with his earlier comments, Hassett reiterated a preference for a measured 25 bp trim, calling it "realistic" over a more aggressive 50 bp move, to avoid signaling panic.
Fed Independence: While supportive of cuts, Hassett reaffirmed the administration's respect for the Fed's autonomy, distancing from past criticisms by President Trump. He noted he'd consider chairing the Fed if nominated, but stressed decisions rest with the Federal Open Market Committee (FOMC).

The big cloud over the markets - the Trump tariff legality
Expected Decision Date
The Supreme Court has not yet issued a ruling as of November 19, 2025. Due to the expedited schedule requested by both sides, a decision is anticipated before the end of 2025, potentially as early as December. Legal experts, including U.S. Trade Representative Jamieson Greer, have indicated the Court is likely to rule by year-end to minimize economic uncertainty. In the worst case, it could extend to June 2026 (end of the term), but the fast-tracking and high stakes make a quicker resolution probable.
Potential ImplicationsIf upheld: Validates broad presidential tariff authority, enabling future executives to use emergency powers for economic policy without Congress; could lead to $300 billion+ in 2025 revenue but risks retaliation and higher consumer prices (~$2,400 per household annually).
If struck down: Tariffs deemed illegal; refunds for ~$90 billion paid could create logistical challenges (e.g., 180-day protest windows).
Trump has signaled reliance on alternative laws like Section 232 (national security tariffs on steel/auto). Businesses have already adjusted supply chains amid uncertainty.
#TRUMP #BTC90kBreakingPoint