Attention !
Two major events tonight! They will determine the fate of the cryptocurrency world
1. The Crypto Summit at 2:30 AM tonight!
Although Trump signed the Bitcoin Strategic Reserve this morning without mentioning buying Bitcoin, let's not forget that Trump also has a national sovereign fund! And this fund will not only buy Bitcoin but also ETH, SOL, and others.
Our focus tonight is on how Trump will discuss this matter: Where will the money come from? When will they buy? How much will they buy?
These three questions are extremely important. If the answers are ambiguous, it could lead to a situation where the good news is fully priced in, resulting in another pullback. However, it seems they are well-prepared this time, hoping to surprise the market!
2. At 9:30 PM tonight, the U.S. unemployment rate and non-farm payroll data will be released.
Currently, there is a significant probability of good news.
Recently, there have been quite a few layoffs, leading to an increase in the unemployment rate and a decrease in employment numbers, which could force the Federal Reserve to cut interest rates sooner.
