Cryptocurrency Market - Bitcoin and Ethereum are experiencing upward trends, with nearly 130,000 liquidations occurring in the past 24 hours [1][2] - The total liquidation amount in the last 24 hours reached $297 million, with significant amounts liquidated in various time frames [2] Federal Reserve Developments - A federal judge temporarily blocked the dismissal of Federal Reserve Governor Cook, with the Justice Department seeking a quick appeal to determine Cook's participation in the upcoming monetary policy meeting [3] - The market is anticipating a rate cut of at least 25 basis points in the next Federal Reserve meeting [4] Economic Outlook - Bank of America strategist Michael Hartnett predicts 2025 will be a significant turning point for global markets, advocating for long positions in non-USD assets due to expected weakening of the dollar and fiscal expansions in Europe and Asia [5] - Morgan Stanley's chief economist indicates a noticeable slowdown in U.S. economic growth, attributing it partly to tariff policies, with forecasts suggesting a growth of only 1.25% in 2026 [5]

Group 1 - Bitcoin and other cryptocurrencies experienced a sudden drop after initially showing gains, with nearly 130,000 liquidations occurring in the past 24 hours [1][3] - The total liquidation amount in the last 24 hours reached $297 million, with significant amounts liquidated in various time frames, including $12.7 million in 12 hours and $23.3 million in 1 hour [4] - The Winklevoss twins, founders of the cryptocurrency company "Gemini," predict that Bitcoin's upward trend will not stop soon, forecasting it could reach $1 million in the next decade [4] Group 2 - The Federal Reserve's upcoming monetary policy meeting is a focal point for the market, with expectations of at least a 25 basis point rate cut [6] - Recent developments regarding the dismissal of Federal Reserve Governor Cook may impact the upcoming meeting, as the Justice Department seeks to overturn a court ruling that temporarily blocked her dismissal [5] - Analysts suggest that the U.S. economy is showing signs of slowing growth, influenced by tariff policies, with projections indicating a potential growth rate of only 1.25% in 2026 [7]