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- #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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Market analysis believes that if Trump succeeds in the election, the Russian-Ukrainian war may usher in the finale, and the end of the Russian-Ukrainian war will inevitably bring a pump to the overall global market, and the encryption market may usher in a wave of pump. In addition, Trump, as an encryption-friendly person, may further increase the acceptance of the encryption industry in the mainstream after taking office, which in turn will increase the expectation of Favourable Information in the encryption industry.
In addition, Fed rate cut expectations are a major favourable message that markets have been looking forward to this year. Fed Chair Jerome Powell has expressed his views on interest rate cuts in 2024 on various occasions. In a speech in April, he mentioned the need to be cautious about rate cuts, saying it was "probably appropriate" to start cutting rates that year. In addition, he is likely to give a clearer hint at the timetable for rate cuts at the June FOMC meeting.
In general, at this stage, the market has shown a downward trend, except for the Fed's announcement of interest rate cuts, we can only hope for the Favourable Information brought by the progress of the US election; For now, Trump's chances of winning are still high, and we are looking forward to the market pump in November