Viewpoint: The market does not expect a rapid reduction in the Intrerest Rate, and Bitcoin Fluctuation will intensify.

According to Mars Finance, on October 30, CryptoQuant analyst Axel stated that gradually ending the quantitative tightening policy starting from December 1 is slightly favourable for risk assets, but the Fed's hawkish stance on the December interest rate meeting and the rise of 7 basis points in the two-year Treasury yield yesterday indicate that the market does not expect interest rates to be lowered rapidly. This limits the pump space and effectively suppresses risk appetite, which will lead to increased fluctuations in Bitcoin prices.

BTC-2.66%
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