X @Wu Blockchain
Wu Blockchain·2025-11-19 10:26
QCP notes that Bitcoin briefly fell below $90K this week, pressured by cooling expectations for a Fed rate cut and continued ETF outflows. Lower liquidity further amplified the decline. Fed Chair Powell reiterated that a December rate cut is “not guaranteed.” Markets are closely watching this week’s labor data and leading indicators to assess whether Bitcoin’s pullback is a short-term positioning adjustment or the start of a broader risk-off shift.https://t.co/esxQ4DAuN1 ...