VOLATILITY ALERT 🚨 🇺🇸 FOMC MINUTES WILL BE RELEASED TOD | THE MARKET UPDATES on Binance Square

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THE MARKET UPDATES

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VOLATILITY ALERT 🚨 
🇺🇸 FOMC MINUTES WILL BE RELEASED TODAY AT 2PM ET.
PAY CLOSE ATTENTION TO FED'S LANGUAGE.

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THE MARKET UPDATES

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BREAKING: 🇺🇲 FED WALLER SAYS BITCOIN AND STABLECOINS ARE DRIVING THE US PAYMENTS REVOLUTION. STABLECOINS WERE MENTIONED 8 TIMES IN TODAY’S FOMC MINUTES. THIS IS GIGA BULLISH FOR ETH 🚀

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🚨 BREAKING 🚨 FOMC MINUTES ARE NOW OUT. FED THINKS INFATION RISK IS HIGHER THAN UNEMPLOYMENT RISK. IT ALSO THINKS THAT TARIFFS IMPACT COULD TAKE SOME TIME. THIS IS NOT BULLISH LANGUAGE.

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BITCOIN DOMINANCE IS CRASHING HARD BULLISH FOR ETH AND ALTCOINS 🚀

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🇺🇸 WALL STREET IS PREDICTING THAT A RATE CUT WILL BE ANNOUNCED AT JACKSON HOLE SUMMIT ON FRIDAY! FED WATCH TOOL ODDS ARE NOW AT 83% FOR THE RATE CUT IN SEPTEMBER🔥

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WHY IS BITCOIN DUMPING? $BTC JUST HIT $112.5K, ITS LOWEST LEVEL THIS MONTH. HERE ARE A FEW REASONS BEHIND THIS DUMP. 1⃣ POWELL SPEECH ON FRIDAY THIS WEEK, POWELL WILL SPEAK AT JACKSON HOLE SUMMIT. THE MARKET THINKS POWELL WILL SOUND HAWKISH DUE TO RECENT RISE IN PPI. THERE ARE ALSO CHANCES THAT SEPTEMBER RATE CUT PROBABILITY COULD GO LOWER AFTER POWELL'S SPEECH. THIS IS CAUSING A LOT OF UNCERTAINTY AND MARKETS HATE THAT. 2⃣ SAYLOR FUD THE OLD AND CLASSIC SAYLOR FUD IS BACK. "MICROSTRATEGY WILL GO TO ZERO AND SAYLOR WILL SELL ALL HIS BTC". WHAT'S FUNNY IS THAT MICROSTRATEGY DIDN'T SELL AT $16,000 IN 2022 BUT WILL SELL AT $112,000 IN 2025. 3⃣ STHs SELLING SHORT-TERM HOLDERS SELLING HAS NOW REACHED 1-MONTH HIGH. IN JUST 2 DAYS, STHs HAVE SOLD 50K BTC WORTH $5.6 BILLION. THIS SELLING HAS OUTPACED ANY MEANINGFUL BUYING, AND THUS A DUMP IS HAPPENING. WHAT'S NEXT FOR BTC? I'M PAYING THE MOST ATTENTION TO FRIDAY'S POWELL SPEECH. IT'LL REMOVE A LOT OF UNCERTAINTY WHICH IS GOOD FOR THE MARKETS. ALSO Q3 HAS HISTORICALLY BEEN BEARISH FOR BTC, SO I'M NOT WORRIED AT ALL. ALL YOU NEED TO DO NOW IS HODL AND SURVIVE. Q4 IS GOING TO BE MASSIVE 🚀

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