Viewpoint: The market does not expect a rapid reduction in the Intrerest Rate, and Bitcoin Fluctuation will intensify.

BlockBeats news, on October 30, CryptoQuant analyst Axel stated that gradually ending the quantitative tightening policy from December 1 is slightly favorable for risk assets, but the Fed's hawkish stance on the December interest rate meeting and the rise of 7 basis points in the two-year Treasury yield yesterday indicate that the market does not expect interest rates to be quickly lowered. This limits the market's upside potential and effectively suppresses risk appetite, which will lead to increased Bitcoin price fluctuation.

BTC-4.02%
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