⚡️Possible Fed rate cut before the end of the year The president of the San Francisco Federal Reserve, Mary Daly, stated that the U.S. central bank could keep interest rates higher for longer than expected due to inflation risks, but it could still cut them later in the year. 📊An assessment of the accumulation trend shows that the selling pressure of BTC has subsided and that accumulation is beginning to grow at current levels. These are early signs of renewed interest. 📊Glassnode reports that long-term Bitcoin holders continue to make profits, but large BTC buyers may face increasing losses as they transition to an LTH (long-term holding) state. We are likely to see increased volatility in the market. 🇫🇷France claims that the U.S. dollar will lose credibility if President Trump fires the Fed chairman, Jerome Powell.$BTC
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