$AVNT
US GDP skyrockets by 4.3%! Is the interest rate cut expectation dashed? BTC and ETH weaken in response and fall into turbulence
The annualized quarterly GDP of the US for the third quarter surged by 4.3%, directly crushing the market's expectation of 3.3%! As strong data emerged, the dollar rebounded, and the probability of a rate cut by the Federal Reserve in January plummeted to 13%. Has the favorable outlook for interest rate cuts completely cooled? The crypto market was instantly pressured, with BTC dipping to a low of $86,500 in the early morning, and ETH rebounding after reaching the $2,900 mark, but was suppressed at the $3,000 level.
However, Trump suddenly spoke out, firmly emphasizing the urgency of an interest rate cut, stating that the selection of the Federal Reserve Chair must support a rate cut, injecting variables into the policy direction. While short-term economic data looks bright, institutions predict that growth will slow to below 2% by 2025, and macroeconomic games continue to disturb the market. Crypto assets are highly sensitive to liquidity, and the expectation of high interest rates remains strong, with signs of capital shifting towards low-risk fixed-income assets, which is also the core logic behind the market pressure.
Currently, the market lacks clear positive signals and is likely to continue in a turbulent pattern. Do you think Trump's statement can reverse the expectation of an interest rate cut? #比特币流动性