Fed Chairman Powell: An interest rate cut may be appropriate at some point this year
Federal Reserve Chairman Powell said that it may be appropriate to cut interest rates at some point this year; the Federal Reserve remains highly concerned about inflation risks; we do not expect it to be appropriate to lower policy interest rates until there is greater confidence that inflation can sustainably decline toward 2%.
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Data: Long-term holders collectively own 14.35 million BTC, accounting for approximately 68.3% of the total supply.
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MoreAnalysis: Bitcoin options with a notional value of approximately $23.8 billions will expire on December 26, potentially leading to concentrated liquidation and repricing of risk exposure at year-end.
Data: Long-term holders collectively own 14.35 million BTC, accounting for approximately 68.3% of the total supply.