21 Shares research strategist Matt Mena said that this week the market will have two factors: the market generally expects the Federal Reserve to keep interest rates unchanged, while the potential key personal consumption expenditure (PCE) data may determine the direction of interest rate cuts later this year, more dovish PCE policy and substantial White House cryptocurrency policy framework, which is expected to bring bitcoin back to the level of $120,000 and "drive price discovery".
If the Federal Reserve leaves interest rates unchanged today, traders will start to focus on the September meeting, where a rate cut is likely, but only if inflation cools and labor force data is stable.
Opinion: White House Crypto Policy Framework Could Push BTC Back to $120,000
2025-07-30 15:47:45
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
观点：白宫加密政策框架或将推动BTC重回12万美元Next article：
某沉寂14年半的巨鲸最近5天向多个地址转入150枚BTC
