$AVNT
Interest rate cuts are explosive! Trump forces the Federal Reserve, gold breaks 4500, U.S. stocks hit new highs, will the cryptocurrency market follow suit?
The overnight financial market is completely boiling! The Federal Reserve's interest rate cut drama has taken a sudden turn, and Trump directly draws a red line for the next Federal Reserve chairman: "If you don't agree with my views, don't even think about taking office!" A strong statement combined with a loosening of inflation targets has caused U.S. stocks and gold to soar, and the liquidity in the cryptocurrency market may welcome significant benefits!
As of December 23, the three major U.S. stock indices have risen for four consecutive days, with the S&P 500 hitting a new closing high, the Nasdaq rising 0.57%, and Nvidia leading the tech stocks with a surge of over 3%. Even crazier is the precious metals market, with spot gold breaking through $4500/ounce on December 24, COMEX gold futures closing at $4515, and silver, platinum, and palladium collectively surging over 4%, with platinum even skyrocketing 7% to set a new historical record.
Behind this is the Federal Reserve's major policy shift: Treasury Secretary Mnuchin proposed changing the 2% inflation target to a range of 1.5%-2.5%, and White House economic advisor Hassett bluntly stated that the U.S. is "lagging behind the world" in interest rate cuts. Trump has gone all out, clearly hoping that the new chairman will "cut rates in a way that doesn't damage the market," and has named Waller and Hassett as popular candidates, challenging Powell's independent monetary policy.
For the cryptocurrency market, the liquidity flood brought by the Federal Reserve's interest rate cuts is already on the way! Historical data shows that when real yields decline, institutional funds will flood into cryptocurrencies and other risk assets. With current interest rate cut expectations at an all-time high, can Bitcoin and Ethereum leverage this wave to replicate the soaring trends of gold and U.S. stocks? 关注马斯克概念小奶🐶p.u.p.pi.e.s
Do you think this wave of interest rate cuts will become a "super catalyst" for the cryptocurrency market? Will Bitcoin follow gold to break its previous high?