According to Cointelegraph, CMC Markets analyst Carlo Pruscino said that if the Federal Reserve cuts interest rates earlier than the market expects, it could push bitcoin prices back up to the psychological $112,000 mark. Currently 97.5% of market participants expect the Federal Reserve to keep interest rates unchanged in the 4.25% -4.50% range at its June 18 meeting.
Analysts pointed out that the US jobs report will become a key indicator of the Federal Reserve's interest rate decision and the short-term trend of bitcoin, while Trump's tariff policy uncertainty remains an unknown factor for the Federal Reserve's decision-making.
Analysts: The Federal Reserve's decision to cut interest rates will determine whether Bitcoin can break through $112,000
2025-06-06 06:45:01
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