Let's share two news items about the cryptocurrency market today!
1: Powell will hold a monetary policy press conference at 2:30 AM Beijing time on June 19. This press conference will take place after the Federal Reserve's FOMC announces its interest rate decision and economic outlook summary.
Currently, the market expects the Federal Reserve to keep interest rates unchanged, maintaining stability in the 4.25%-4.50% range. Investors will pay attention to Powell's speech for clues about future interest rate policies, especially hints regarding potential interest rate cuts later this year. If Powell expresses concerns about slowing economic growth or hints at possible interest rate cuts and a return to quantitative easing, it could trigger a broad rebound in the financial markets.
2: The conflict between Iran and Israel has deeply washed the cryptocurrency market through the chain of 'panic sentiment transmission - forced liquidation of contracts - capital rebalancing.'
The sharp decline of mainstream cryptocurrencies and the relative stability of IO coins reflect the market's dual consideration of assets' 'safe-haven attributes' and 'fundamental solidity' under extreme risk conditions.
Although short-term volatility is severe, geopolitical shocks are often temporary, and the long-term trend of cryptocurrencies will continue to be dominated by technological innovation, adoption rates, and macroeconomic cycles. Investors need to remain rational amid risks and seize structural opportunities through diversified allocation and strict risk control.
