CoinCircle798

0318 Bitcoin Daily Report #美联储利率决议
Bitcoin's uptrend has temporarily stalled ahead of the interest rate decision. Overnight, the short-term briefly broke through $75,000, then retreated below $74,000 at close, ending a streak of 8 consecutive days of gains.
Market focus remains on liquidity tightness issues. Considering that multiple central banks are adopting tightening or more hawkish rhetoric, when government bond yields rise, the bond market typically absorbs capital from other markets including cryptocurrencies. Bitcoin may face downward pressure, and recent upward momentum could be lost