BTC fell below 88,000 euros after failing to challenge 90,000, and the former Federal Reserve hawks: the number of interest rate cuts may decrease after Trump takes office, and US stocks are falling together.

Former Cleveland Fed Chairman and Great Hawk Mester recently said that due to the different economic policies that Trump may bring, the Fed may not cut interest rates next year as the market had previously expected in September. (Synopsis: Arthur Hayes New view: Trump administration will open unlimited QE, BTC is expected to reach $1 million) (Background supplement: Ball hardened: Trump will not resign, the election will not affect the Fed's interest rate decision, but the December rate cut has changed? Benefiting from Trump's presidency of the United States, the encryption currency market has recently ushered in a wave of celebrations, and BTC has also soared from November 5, repeatedly refreshing new all-time highs before approaching the $90,000 mark yesterday (12th). Former Fed Great Hawk: The number of rate cuts may decrease in 2025 In addition to Trump's election that is expected to bring a loose regulatory environment to the monetary industry, another catalyst for this round of Bull Market is the interest rate cut cycle that the US Federal Reserve began at the end of September. However, the former Cleveland Fed chairman and the hawkish Mester recently said that due to the different economic policies that Trump may bring, the Fed may not cut interest rates next year as the market had previously expected in September: next year, the pace of rate cuts will be affected by Trump's fiscal policy. This is not good news for risk markets. According to CME Group's Fed Watch tool, the market expects the probability that the Fed will cut interest rates by 1 yard in December has dropped sharply from 84.4% a month ago to 55.2%, and the probability of suspending interest rate cuts in December and keeping interest rates unchanged in the range of 4.75% to 5% has risen from 15% a month ago to 44.8%; At the same time, no one expects the Fed to cut interest rates by 2 yards sharply. The four major indexes of U.S. stocks fell together, perhaps affected by the change in Fed rate cut expectations, and investors profited from the Rebound after the US presidential election, the four major indexes of U.S. stocks fell together: the Dow Jones Industrial Average fell 382.15 points or 0.86%, closing at 43910.98 points The S&P 500 fell 17.36 points or 0.29%, closing at 5983.99 points and the Nasdaq fell 17.36 points or 0.09%, close 19281.4 points Philadelphia semiconductor index fell 47.75 points or 0.93%, closing at 5108.64 points BTCfall broke $88,000 At the same time, BTC suffered a wave of fall at about 20:00 last night, the lowest to $85,091, but then quickly rose again to challenge $90,000, but unfortunately fell back after unsuccessful, now at $87,904 before the deadline, falling 0.74% in the past 24 hours. However, for the pullback of the market, Katie Stockton, technical analyst at Fairlead Strategies, said in a recent report: After such a sharp rise, it is normal to have a period of market digestion, and investors can adopt neutral preference strategies in the short term. Related reports CZ: If you believe the "BTC is dead" statement, you can only blame yourself: BTC knocks on the $90,000 mark miserable! FTX BTC users can only get back 18% (calculated by 16,000 magnesium), the current situation and claim progress on the second anniversary of bankruptcy? BTC broke through 79,700 magnesium "knocking 80,000 U"! Micro-strategy BTC floating profit exceeded 10 billion magnesium (BTC challenged 90,000 losses "fall broke 88,000 magnesium", former Fed hawk: the number of interest rate cuts or decreases after Trump took office, and U.S. stocks fell together" This article was first published in BlockTempo "Dynamic Trend in Moving Area - The Most Influential Block Chain News Media".