#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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The information released by the latest meeting resolution of The Federal Reserve (FED).
1. Maintain interest rates unchanged and do not lower them for now.
2. It is expected that there may be two more rate cuts within the year, lowering by 50 basis points.
Trump, upon hearing that interest rates will not be lowered, started to rant, saying he should be the one to go to The Federal Reserve (FED) 🦖🦖🦖
The Federal Reserve (FED) has entered a rate-cutting cycle since last year, with the aim of preventive rate cuts.
This year's pace has slowed down a bit, as the fundamentals in the U.S. are fine. As previously analyzed, there are actually three scenarios for the Federal Reserve (FED) to cut interest rates.
1. Preventive interest rate cuts.
2. The U.S. stock market plummeted.
3. The economy really has problems.
Currently, none of the three conditions match, and it's normal for the pace to slow down. The expectation now is that there may be two more rate cuts, but in reality, as time drags on, the expectation is now for September.