《Bitcoin Accumulation Opportunity, Time Waits for No One!》
A few hours ago, the Federal Reserve meeting triggered a broad decline in the cryptocurrency market, with mainstream cryptocurrencies dropping about 10%. Two points from Powell's speech drew attention: first, the benchmark interest rate was lowered by 25 basis points, with the target range adjusted from 4.5% to 4.75% to 4.25% to 4.50%, which was in line with expectations, and there will be no rate hikes in 2025, remaining in a rate-cutting cycle, but the probability of a rate cut in January is low. Second, regarding the issue of establishing a strategic Bitcoin reserve after Trump's inauguration, Powell stated that the Federal Reserve cannot hold Bitcoin, as that is a matter for Congress.
Bitcoin plummeted in response, but Powell's remarks were normal, and the Federal Reserve acted according to regulations. Under U.S. leadership, countries like Russia have begun to reserve Bitcoin, such as Brazil planning to allocate 5% of its international reserves to Bitcoin as a sovereign strategic reserve, a Polish presidential candidate advocating for the establishment of a strategic Bitcoin reserve, and Japanese lawmakers submitting requests to discuss the establishment of a national Bitcoin reserve. The U.S. Bitcoin Policy Institute has also drafted an executive order proposing that Trump establish a strategic Bitcoin reserve under the Treasury's Exchange Stabilization Fund after taking office.
The overall direction of government involvement in Bitcoin remains unchanged, and the current price correction is not significant, still up a lot compared to last month. With the Christmas holidays approaching, various news will emerge before Trump's inauguration. There are not many days left to accumulate Bitcoin, and Musk-themed puppies are the strongest concept on the Ethereum chain, with 15,000 holding addresses, likely to become the next SHIB. #币安Alpha项目公布 #美联储放鹰 #加密市场回调 #puppies币 $SHIB $DOGE $PEPE