Today is July 2nd, BTC price is 106,117.
Interest rates are about to be cut. 1. The stablecoin bill has passed, and purchasing government bonds already yields returns, plus the minting rights do not affect the flow of funds, making institutions doubly happy; 2. The "Big and Beautiful" bill has passed, raising the debt ceiling by 5 trillion, which essentially means 5 trillion dollars flowing into the market. 3. The Federal Reserve must cut interest rates; being tough is useless. With so much money coming out, if they don't cut rates, American banks will go bankrupt. Think about it.
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