Trading moment: The FOMC decision is imminent, Bitcoin is at $91,500 as a key support, and Ethereum is aiming for the $3,500 markDaily market key data review and trend analysis, produced by PANews.
1. Market observation
In a complex macroeconomic environment, the Fed's policy decision this week has become the focus of the market. The market generally expects the Fed to cut interest rates by 25 basis points, with a probability of 88.6% to 95%, but Bank of America and other institutions believe that given the structural cooling of the labor market with "low hiring, low turnover, and rising layoffs", the Fed may send a "hawkish rate cut" signal, that is, cut interest rates but hint at the possibility of future policy tightening. This uncertainty has led to fluctuations in U.S. Treasury yields, while Goldman Sachs has warned of early signs of a recession through indicators such as Las Vegas consumption data.
In the commodity market, spot silver performed well, breaking through $60 per ounce for the first time to hit a record high, with an increase of more than 100% during the year, significantly outperforming gold, and the gold-silver ratio fell to its lowest level since 2021. However, ARK In
PANews·2h ago