#美联储降息 U.S. stocks opened lower today, and market sentiment is a bit cautious. Looking at the performance of the two main cryptocurrencies, $BTC and $ETH, it seems they are also following the rhythm of the U.S. stock market.
The underlying reason still depends on the Federal Reserve's actions—interest rate cut expectations have been influencing the overall market risk appetite. Every time the Fed releases signals, the crypto market reacts noticeably, and this time is no exception.
In the short term, this linkage may continue, so it's important to watch the next moves of the U.S. stock market and the support levels of Bitcoin.
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#美联储降息 U.S. stocks opened lower today, and market sentiment is a bit cautious. Looking at the performance of the two main cryptocurrencies, $BTC and $ETH, it seems they are also following the rhythm of the U.S. stock market.
The underlying reason still depends on the Federal Reserve's actions—interest rate cut expectations have been influencing the overall market risk appetite. Every time the Fed releases signals, the crypto market reacts noticeably, and this time is no exception.
In the short term, this linkage may continue, so it's important to watch the next moves of the U.S. stock market and the support levels of Bitcoin.