【January 29 Market Information and Data Analysis】

1、#FOMC‬⁩ 1 January resolution finalized: the benchmark interest rate remains unchanged, and if tariff inflation peaks and then falls back, policy can be relaxed;

2、"Reuters": #whitehouse will convene bank and cryptocurrency industry executives next Monday to promote the legislative process of the "CLARITY Act";

3、The US #SEC released a guide to tokenized securities, incorporating them into the federal securities legal framework;

4、#GOLD set a new historical high, Tether has made over 5 billion dollars from buying gold, steadily purchasing 1 to 2 tons per week.

The Federal Reserve decided to maintain the benchmark interest rate in the range of 3.50%-3.75% at its first monetary policy meeting of the year, ending a three-quarter cycle of rate cuts. Chairman Powell stated after the meeting that the current inflation pressure mainly comes from tariffs, and if its impact peaks and falls back, it will create conditions for policy easing; he also emphasized that the Federal Reserve should maintain its independence and advised his successor to stay away from political distractions. After the resolution was announced, market risk aversion drove precious metals to strengthen significantly, with spot gold prices approaching historical highs of nearly 5600 dollars per ounce.

This pause in rate cuts poses short-term pressure on the cryptocurrency market, especially on #BTC . Historical data shows that Bitcoin often experiences corrections after FOMC meetings, and this "curse" seems to be confirmed again. This is mainly due to the market's repricing of liquidity expectations: pausing rate cuts implies a delay in the easing pace, weakening some investors' short-term enthusiasm for risk assets. The strong rise in gold also diverted some safe-haven funds. As an asset highly sensitive to macro liquidity, Bitcoin prices tend to be more volatile and prone to profit-taking when interest rate policies enter a wait-and-see phase. Subsequent trends will closely depend on inflation data and more signals from the Federal Reserve regarding the timing of restarting rate cuts.