The latest signals from the Federal Reserve's monetary policy meeting have caused market expectations for interest rate cuts to surge from over 30% before the meeting to nearly 90% 📈
The crypto world responded accordingly:
BTC: After a brief dip to 80,000, it quickly rebounded, reaching a daily high of 93,000 USD, displaying a sharp V-shaped recovery.
ETH: Easily reclaimed the 3,000 USD mark, with a stable trend resembling a routine adjustment.
Contract market: Shorts faced over 320 million USD in liquidations in a single day, with the market reversal coming as a surprise.
In simple terms:
The Fed's monetary policy direction has shifted slightly,
Bitcoin often reacts first.
BTCUSDT
Perp
90,220
-2.24%
