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market shows BTC briefly fell below $83,000, currently at $83,098.73, with a 24-hour decline of 8.11%. The market is highly volatile, please manage your risk accordingly.
according to foreign media, traders increased their bets on the Federal Reserve cutting interest rates for the third consecutive time at the December meeting on Friday, as Fed's Williams stated that the Fed may cut rates "soon." Short-term interest rate futures currently reflect a 57% chance of a Fed rate cut in December, much higher than the previous below 50%.
market shows BTC breaking through $84,000, currently at $84,020.34, with a 24-hour decline of 8.64%. The market is highly volatile, please manage your risks accordingly.
according to market news: Strategy Executive Vice President Shao Wei-Ming has just sold another 5,200 shares of MSTR stock at $202 per share, cashing out $1 million.
CryptoQuant founder and CEO Ki Young Ju stated on the X platform that the market weakness exceeds expectations, and if it continues, Bitcoin may find it difficult to see a strong rebound in the next 3-6 months. He believes that a real bull market can only start after liquidity recovers next year.
according to Bloomberg, Tom Lee reiterated his bullish view, and his team confirmed that despite the recent market decline, he still expects Bitcoin to rebound to between $150,000 and $200,000 by the end of January next year.
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