What happened on the last Friday? π€―
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Wall Street bought 6k BTC(Bitcoin).. π² It's around $420m. Their net spot BTC flows are now more than 340k. It records a new ATH(All Time High) again.
BTC price has recovered above $70k. Now, the price is $71k. According to CME FedWatch Tool, more than 90% market participants anticipate the next interest rate cut will be a Baby Cut.
And people are betting more on Trump rather than Harris. I thought Trump would lose this election. He's like a weeble.
Alright, I think the recent BTC price performance indicates well the directions of the Federal Funds Rate and the πΊπΈ presidential election.
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