According to ChainCatcher, cryptocurrency prices experienced a significant surge during early trading in the United States on Wednesday, with $BTC breaking past the $90,000 mark.
This market momentum appears to be supported by several key factors:
📈 Rising Metal Prices: Silver climbed approximately 5% to a new high of over $66 per ounce, with gold and copper also seeing increases of more than 1%.
🎤 Dovish Fed Commentary: Federal Reserve Governor Chris Waller, a potential candidate for Fed Chair, made comments suggesting the neutral federal funds rate should be 50-100 basis points lower than its current level. He also noted near-zero U.S. employment growth and no expected rebound in inflation.
Meanwhile, major U.S. stock indices remained relatively unchanged in early trading, and the yield on the 10-year U.S. Treasury note dropped slightly to 4.15%.
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BTCUSDT
Perp
86,039.2
-1.89%