12.12 Market Dynamics
1. BTC has surged with the interest rate cut, breaking down past 94000. It has now erased all its gains; let's see how today unfolds;
2. ETH has broken through 3500 with the interest rate cut, and it has also erased all its gains; similarly, we can only wait and see;
3. "Federal Reserve Mouthpiece": Three interest rate cuts fail to quell internal disputes; we must be wary of "stagflation risks";
4. Goldman Sachs: The hawkish camp of the Federal Reserve has been appeased; future easing depends on the labor market;
5. Powell: I believe that currently no one expects interest rate hikes as a baseline, and the Federal Reserve has not made any decisions regarding the January meeting; next year's baseline outlook will be for steady economic growth;
6. Bitmine has once again purchased 33,504 ETH from FalconX, valued at 112 million dollars;
7. BlackRock has deposited 2196 BTC into Coinbase, valued at 202.76 million dollars;
8. Trump criticizes the Federal Reserve for its insufficient interest rate cuts and interviews Powell's successor;
9. Spot gold has surged by 16 dollars in the short term, currently reported at 4205.23 dollars/ounce
