Stabilizing and rebounding? Bitcoin briefly breaks through $88,000.
The cryptocurrency market is recovering as expectations for a December rate cut rise.
With Powell's allies setting the tone, a Fed rate cut in December is now highly probable.
Economists point out that the three most influential officials have formed a strong camp in support of interest rate cuts, which is unlikely to be shaken.
2025-11-24
finance
policy
Viewpoint: Multiple bottoming signals have been observed, and the market has already priced in the expectation of MSTR being removed from the index.
<p> According to Odaily Planet Daily, Coinkarma founder Benson Sun posted on the X platform that he has observed multiple bottoming signals. His quantitative long positions, which had been paused after a stop-loss at 90K, have now been reopened. He believes that the removal of MSTR from the index has been fully priced in, and he will continue to hold his long positions with an average price of 81.5K.</p>
2025-11-23
With the Federal Reserve about to enter its quiet period, CITIC Securities maintains its expectation of a December rate cut.
<p> Odaily Planet Daily reports that New York Fed President Williams hinted at a further rate cut in December, reversing market expectations. Currently, the market believes there is a 70% probability of a Fed rate cut in December. The Fed will enter its blackout period on November 29th. Before this period, Powell has no scheduled public statements or media interviews. Williams' remarks may be the last Fed official statement to influence market expectations. We maintain our previous view that December will likely see a "close call" rate cut of 25 basis points. For the market, the reversal of rate cut expectations, coupled with the progress of the "28-point" plan and news of the Trump administration considering exporting H200 chips to China, means that macroeconomic factors are no longer a source of market pressure in the short term. The market may focus more on issues such as AI company bond issuance and cryptocurrency trends. (Jinshi)</p>
2025-11-24
BTC breaks through 88,000 USDT, up 4.25% in the last 24 hours.
According to Odaily Planet Daily, OKX market data shows that BTC has broken through 88,000 USDT and is currently trading at 88,024.9 USDT, a 24-hour increase of 4.25%. (This news item was generated with AI assistance.)
2025-11-24
Yi Lihua: I have fully invested in ETH at around $2700, and my portfolio allocation follows the logic of three major sectors: public chains, exchanges, and stablecoins.
<p> According to Odaily Planet Daily, Yi Lihua stated in an article on the X platform that he went all-in on ETH when the price was around $2700. His overall portfolio strategy follows three main tracks: ETH as the primary public blockchain, with some BTC/BCH; BNB/Aster as exchange tokens; and a large position in WLFI as a stablecoin.</p>
2025-11-23
You've reached the bottom
