#BTC Tonight at 2 o'clock in the morning, the interest rate decision will come. The current probability of raising interest rates icon25 basis points is 88.6%, and the probability of not raising interest rates is 11.4%. This is basically a one-sided state. This is mainly due to the speech of US Treasury Secretary Yellen. She said , if small and medium-sized banks need protection, the US government will directly intervene to protect depositors' funds. This speech almost directly ended the panic over thunderstorms in U.S. banks, and people re-established confidence in the financial system. Buffett once said that it takes time to build confidence, and panic often occurs in an instant. But this time, the United States learned from past lessons, directly suppressed the collapse before emotions were fully fermented, and built confidence. This is a great improvement in finance. With the end of the panic, it is clear that safe-haven assets have been hardest hit. Financial stability has stabilized, banks are fine, those who bought gold can sell it, and funds have returned to risk.
#Binance #crypto2023 Today a signal appeared in today's market. The thousand-year-old turtle Ripple and ADA have made up for the increase in icons today. Two old and weak assets that have no financial attention have caused a rise today. This means that funds are rising in this round. There is nothing left to speculate on during the rise, and the prices of various assets are relatively high. Find some that have not risen yet and buy them. The security will be higher and reflect the risk preference of short-term speculative funds icon. Therefore, according to the rhythm of the market, our strategy is still to wait and see. If Bitcoin can lead everyone to continue to rise after the supplementary increase, then it is likely to start a new round of trend, and it will be too late to catch up by then, otherwise it will not last for thousands of years. The rise of Laogui will most likely indicate a short-term correction of the market icon trend. The same goes for the back of the small coin.
Cryptocurrency analyst Ben GCrypto has shared a list of the top 10 promising altcoin projects with a market cap under $300 million and the top 10 decentralized finance (DeFi) altcoin projects by market cap.
These altcoins have a future!
The cryptocurrency market is starting to perform well on its bullish path, going against the stock market during the bank collapse. Leading cryptocurrency Bitcoin (BTC) continues to struggle at $28,000, while a few altcoin projects stand out. Crypto analyst Ben GCrypto shared his list of the top 10 altcoins that he believes are the most promising:
#Binance #crypto2023 Al Compilation: Market News Express (March 22) 1. Disk data: The total market value of cryptocurrency increased by US$21.752 billion in the past 24 hours, BTC rose by 0.91%, the amplitude icon was 4.08%, and the market sentiment was greedy 2. News review : (1) Jay Chou launches a limited edition music metaverse at Conflux (2) Changpeng Zhao icon: Due to bank closures, the market value of USDC is shrinking, but USDT is growing (3) OKX releases the fifth reserve certificate, BTC, ETHicon, USDT Reserve ratios exceeded 100%. 3. Today’s focus: The US CFTC Technical Advisory Committee discussed DeFi issues at the meeting
#BTC #Binance Tonight’s interest rate hike base point should be 25 basis points as expected. Why? If interest rates are raised by 50 basis points, other banks in the United States, except Silicon Valley Bank, will not be able to withstand the shortage of funds caused by the interest rate hike. In this way, the United States will have to use more funds to cover the consequences of bank storms. There is a financial panic, so there is no need to raise interest rates by 50 points. Then it is impossible to raise the interest rate by 0 basis points, because the price inflation in the United States is still very high. Except for the last time when the bank released water to cover the thunder, the rest of the time has been tightening the US dollar policy. If the interest rate is raised by 0 basis points, it means that the United States will Inflation has been brought under control. Isn’t this deception? Therefore, God K believes that raising interest rates by 25 basis points is the most correct choice. On the one hand, it will not increase the collapse of other American companies, and on the other hand, it will continue to tighten the dollar.
#Binance #crypto2023 This round of Bitcoin rise is entirely the result of the U.S. interest rate hike icon. The continuous bankruptcies of banks led by Silicon Valley Bank fully demonstrate that centralized currencies also have shortcomings. Bitcoin, a decentralized icon, has superior hedging functions. Due to the serious lack of funds on the market, Bitcoin dominates the market. Except for some tokens related to the ETH Shanghai Conference that are eye-catching, most mainstream altcoins have almost no gains. However, if Bitcoin can really lead a bull market in the cryptocurrency market, these mainstream altcoins will also rotate. The bull market rotates, and some value depressions that have been ignored for the time being will be filled sooner or later. Some people can't withstand the temptation of rising Bitcoin and want to sell their high-quality leading altcoins. K God thinks that there is no need to do so at the moment. Just wait patiently and it is very possible to sell altcoins.
#Binance #crypto2023 The United States signed the icon to announce the summary of interest rate resolution and economic expectations. Combined with the previous thunderstorm incident at Silicon Valley Bank, this interest rate hike icon is very important. 1. No interest rate increase, which is good. 2. The interest rate increase is 25 basis points, in line with expectations. 3. The interest rate increase. 50 basis points, negative
#Binance #crypto2023 The results of the meeting were announced at 2 a.m. Beijing time on March 23, and Fed icon Chairman Powell held a monetary policy icon press conference at 2:30. For now, there are great differences within the Federal Reserve. Although the outside world predicts a 75% probability of raising interest rates by 25 basis points, there are still variables in today's and tomorrow's meetings. If interest rate hikes are suspended in March, it is highly likely that BTC will hit 30,000-35,000!
#crypto2023 The popular tracks to follow this week are: Long Yi: Decentralization is the soul of the industry and the only way for the development of the industry. Corresponding varieties: DYDX, GMX, UNI, CAKE. Long Er: This infrastructure construction section (new public chain) and new currency concept. Such as: OP, APT. ARB, one of the four king projects, goes online this week. What will happen? You need to pay attention to the opportunities it brings in the public chain track. Long San: Because of the Hong Kong concept sector: CFX and some other domestic projects. The rest is related to ETHicon upgrade.