#BullishIPO
Bitcoin falls to 117.849$ (-2.2%) after its historic peak yesterday, due to stronger-than-expected US inflation data (PPI), which reduced market expectations for a significant interest rate cut.
Bisent clarifies his stance on interest rates! Bisent denied any pressure to lower interest rates, confirming that economic models indicate a need for 150 basis points to reach the neutral rate. His statements redraw the contours of the Federal Reserve's policy and raise questions about the direction of the market.
The Russian news agency Interfax reported, citing Kremlin spokesman Dmitry Peskov, that a trilateral meeting may be held later if talks between Russian President Vladimir Putin and US President Donald Trump regarding Ukraine, scheduled today in Alaska, yield tangible results. Russian media quoted Peskov saying that talks between Putin and Trump could last from six to seven hours, with the presidents' aides participating in the meetings.
