Recent market fluctuations have been volatile, with a brief surge followed by a retreat. Currently, Bitcoin has returned to the 89,000 level, and Ethereum has also fallen back to 3000, basically remaining in a state of oscillation. Looking at the unemployment rate—it's rising while employment data is declining—what does this imply? The economy might not be as strong as expected. From this perspective, the market is quite eager for the Federal Reserve to cut interest rates soon.
Another major event that cannot be ignored is imminent—Trump is about to announce his new Federal Reserve Chair nominee. Everyone knows that such policy signals often directly influence asset pricing logic, and the crypto market is particularly sensitive to these expectation adjustments. Who will take office, and what are the underlying policy tendencies? These could become important turning points for the upcoming market trends.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Recent market fluctuations have been volatile, with a brief surge followed by a retreat. Currently, Bitcoin has returned to the 89,000 level, and Ethereum has also fallen back to 3000, basically remaining in a state of oscillation. Looking at the unemployment rate—it's rising while employment data is declining—what does this imply? The economy might not be as strong as expected. From this perspective, the market is quite eager for the Federal Reserve to cut interest rates soon.
Another major event that cannot be ignored is imminent—Trump is about to announce his new Federal Reserve Chair nominee. Everyone knows that such policy signals often directly influence asset pricing logic, and the crypto market is particularly sensitive to these expectation adjustments. Who will take office, and what are the underlying policy tendencies? These could become important turning points for the upcoming market trends.