$ZEC
This is a bloodbath! 110,000 people liquidated $300 million, and the Federal Reserve's rate cut turned into a harvesting ground for the crypto circle? 一起聊聊
The Federal Reserve's rate cut of 25 basis points just landed, and the crypto circle directly staged a dramatic scene of 'soaring and then crashing', with both longs and shorts being directly liquidated!
BTC fell from a peak of $94,500 to $92,000 in an instant, ETH surged to $3,440 before plummeting to $3,320, and Dogecoin and Cardano directly dropped over 3%! In the last 24 hours, the entire network saw liquidations of $302 million, with the largest single loss being $23.18 million, as both sides were pressed down and rubbed on the ground, and the crypto circle was filled with wails!
What's even more heartbreaking is that Standard Chartered directly halved its forecast, previously predicting $200,000 by the end of 2025, now directly slashed to $150,000, also stating that large holders have 'exhausted their buying power' and that buying pressure has peaked, this wave of cold water directly stunned the market!
On one side, the crypto circle is in a bloodbath, while on the other, Washington is in chaos! Trump angrily scolded Powell for being stubborn, stating that a 25 basis point rate cut is not enough and must be doubled! Popular Federal Reserve Chairman candidate Hasket is even more aggressive, declaring that there is ample room for rate cuts, and could even cut by 50 basis points, this policy game directly raised the heartbeats in the crypto circle!
Global markets are also shaking, Oracle plummeted over 10% after hours, the Nikkei opened up 0.49% and quickly turned red, Nasdaq futures fell sharply, and risk aversion sentiment is at an all-time high! Musk's concept little puppy 🐶【P.u.p.p.i.e.s】 can be a key focus!
Now the key question arises: Can Hasket really take over as the Chairman of the Federal Reserve? Will he unleash liquidity to rescue the crypto circle? Are you brave enough to bottom fish Bitcoin now, or will you decisively cut losses and exit?