Odaily Daily News The enhanced expectation of Fed rate cuts also helped boost investor sentiment on Wednesday. After the U.S. CPI inflation met expectations, speculators increased their bets on Fed rate cuts, pushing the prospect of loose monetary policy to push the Nasdaq 100 Index, mainly composed of tech stocks, to a historic high. Henry Elder, head of UTXO Management, said, “The market likes to see inflation meeting expectations,” adding that traders are “trying to figure out whether $100,000 is the upper limit or the lower limit for BTC.” (Bloomberg)
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Análisis: Los comerciantes están tratando de averiguar si $100,000 es el límite superior o inferior de BTC
Odaily Daily News The enhanced expectation of Fed rate cuts also helped boost investor sentiment on Wednesday. After the U.S. CPI inflation met expectations, speculators increased their bets on Fed rate cuts, pushing the prospect of loose monetary policy to push the Nasdaq 100 Index, mainly composed of tech stocks, to a historic high. Henry Elder, head of UTXO Management, said, “The market likes to see inflation meeting expectations,” adding that traders are “trying to figure out whether $100,000 is the upper limit or the lower limit for BTC.” (Bloomberg)