Core Viewpoint - The cryptocurrency market experienced a significant rebound, with Bitcoin rising over 4% and Ethereum over 3%, driven by oversold conditions and expectations of interest rate cuts by the Federal Reserve [2][4][5]. Group 1: Market Performance - As of November 27, Bitcoin's price reached $91,420, marking a cumulative increase of over 13% from its low of $80,843 on November 21 [4]. - The total liquidation amount in the cryptocurrency market reached $301 million (approximately 2.1 billion RMB), with over 100,000 traders liquidated within 24 hours [2]. Group 2: Factors Driving the Rebound - The rebound is attributed to two main factors: the significant prior decline in prices leading to a technical rebound, and the rising expectations of a 25 basis point rate cut by the Federal Reserve, with an 84.9% probability of this occurring in December [5]. - The probability of cumulative rate cuts by the Federal Reserve in January is estimated at 67.2%, with a 21.6% chance of a total cut of 50 basis points [5]. Group 3: Federal Reserve Leadership Speculation - Kevin Hassett, the current Director of the National Economic Council, is considered the leading candidate for the next Federal Reserve Chair, which could lead to a more dovish monetary policy [6]. - Hassett's potential appointment is seen as a move to align the Federal Reserve with President Trump's economic policies, particularly regarding interest rate cuts [6]. Group 4: Market Sentiment and Risks - Despite the recent rebound, Bitcoin's price is still down over 27% from its all-time high of $126,080 reached in October [8]. - Analysts warn that the asset may still be at risk of entering a bear market, indicating ongoing volatility in the cryptocurrency sector [8].
全线大涨!美联储降息大消息!
天天基金网·2025-11-28 01:06