What is the Bitcoin Global Strategy reserve that Trump refers to when discussing the USA? How will it operate?
After the incoming president Trump of the USA reiterated the plan to establish a Bitcoin strategic reserve, Bitcoin set a new historical high of over $107,000 on Monday, sparking enthusiasm among the Cryptos bulls.
Will the Federal Reserve decide to cut interest rates this week? Trump reiterated that the Global Strategy of BTC reserves boosts new highs.
This week is the super central bank week, with the market expecting nearly a 100% probability of a rate cut in this Federal Reserve interest rate decision. A number of economic data will be released intensively, and more interconnected performances are expected. The intraday increase is mainly influenced by Trump's renewed proposal to establish a Bitcoin Global Strategy reserve.
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Pre-market surged nearly 5%! MicroStrategy has been included in the NASDAQ 100 Index, with Global investors "passively accumulating at High Stock Price" Bitcoin?
① According to the Market Cap of listed companies, Global shareholders equivalent to buying Bitcoin at a price of over 0.2 million US dollars; ② The company itself is currently experiencing continuous losses, and in recent years, the focus of Operation has shifted to becoming "securitized Bitcoin"; ③ The industry closely monitors the logic of the "upward flywheel": Fund passively buys → company rises → buys Bitcoin → Bitcoin rises → company continues to rise.
Trump ignites enthusiasm in the cryptocurrency market again, with Bitcoin reaching a historic high, aiming for 0.11 million dollars?
Last week, the president-elect of the USA, Trump, stated that he plans to establish a Bitcoin strategic reserve similar to the Strategic Petroleum Reserve. Trump said, "We are going to do some great things in the Cryptos field."
Powell may have seen through everything long ago; inflation or recovery may just be an illusion!
Gregory Daco, the chief economist at EY Parthenon, pointed out that Federal Reserve Chairman Powell is implementing a "forward-looking inflation determination approach."
Express News | Pre-Market Trading: Cryptos Concept is strengthening, MicroStrategy rose over 5%.
Latest Cryptos news | Will history be created again? Bitcoin hits the $0.11 million mark; the third state in the USA may launch "Global Strategy Bitcoin Reserve" legislation this week.
After USA Senator Lummis proposed the acquisition of 5% of the Bitcoin supply by the USA government, Ben Simpson, founder and CEO of Collective Shift, analyzed that if the Global Strategy Bitcoin reserve is approved, the market is expected to become unstable, with Bitcoin likely to rise and then possibly decline.
Bitcoin Breaks All-time High Above $106,000, Triggers Nearly $120 Million in Liquidations
What happened to the USA market? The Dow has fallen for seven consecutive days, and US Treasury bonds have declined for five straight days, yet Bitcoin keeps rising joyfully!
① As of Sunday, Bitcoin has risen for seven consecutive weeks, marking the longest upward trend since 2021; ② However, if you look at the traditional stock and bond markets, you may find that compared to the situation at the beginning of the election, the field of Cryptos like Bitcoin has gradually become a "beautiful landscape" recently; ③ The Dow has currently faced seven consecutive days of declines, while US Treasuries experienced five consecutive weeks of losses last week.
Bitcoin Hits Another Record High. Can It Reach $150,000 This Cycle?
The USA's Bitcoin Global Strategy proposal ignites market enthusiasm, with Bitcoin strongly breaking through $0.106 million.
On Monday morning in Asia, Bitcoin broke through 106,000 dollars, setting a new historical high.
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Bitcoin has surged! Is the Retirement fund also taking action? A large Australian Retirement fund has rarely allocated Bitcoin.
① AMP Ltd, an Australian retirement and wealth management company, has invested 27 million Australian Dollars in Bitcoin, becoming the country's first large retirement fund to buy Bitcoin. ② The Chief Investment Officer of AMP stated that Bitcoin was purchased in May at a price of 0.06 million to 0.07 million USD, which is part of AMP's Global Strategy for diversification.
Will Bitcoin See a Local Top at $115K Soon?
Interest rate cuts are about to start in December, and these 3 popular altcoins are worth bottom fishing.
After the USA released the November CPI data, the market's expectation for the Federal Reserve to cut interest rates by 25 basis points in December has reached 98.6%.