Bitcoin, plummeting! Big news, Fed!

Nakamoto 2025-9-17 14:00 65220人围观 BTC

In the evening, cryptocurrencies such as Bitcoin, which were once popular, suddenly plunged. As of press time, the cryptocurrencies of Bitcoin and Ethereum are all green. According to data from the Coinglass website, nearly 130,000 people liquidated their

In the evening, cryptocurrencies such as Bitcoin, which were once popular, suddenly plunged.

As of press time, the cryptocurrencies of Bitcoin and Ethereum are all green. According to data from the Coinglass website, nearly 130,000 people liquidated their virtual currency positions in the past 24 hours.

On the news, the billionaire Winklevoss brothers, founders of the cryptocurrency company "Gemini Space Station", believe that Bitcoin's rise will not stop soon. In fact, they expect this cryptocurrency to reach $1 million within the next decade. In addition, there is new progress in the dismissal of Federal Reserve Governor Cook, which may be related to the Federal Reserve's interest rate meeting next week. Previously, Judge Gia Cobb of the U.S. Federal District Court in Washington, D.C., ruled on September 9 to temporarily block the Fed's board of governors and Cook was dismissed. In response, the U.S. Department of Justice filed an emergency application with the Court of Appeals for the District of Columbia Circuit on September 11, requesting the court to overturn Cobb's ruling in the Cook case "before closing time on the 15th." Analysts believe that the Department of Justice emphasized that it will make a ruling before get off work on September 15 because it will determine whether Cook can attend and vote at the Federal Reserve’s monetary policy meeting to be held the next day. However, on September 14, local time, media revealed that documents showed that Cook had called a property in Atlanta a "vacation home" and would not be her primary residence. The property was at the heart of the mortgage fraud case that led to Trump's ouster, and this document may prove that the Trump administration's fraud charges against Cook are unfounded. The Federal Reserve's interest rate meeting is still the focus of the market. At present, the market generally predicts that the Federal Reserve will cut interest rates by at least 25 basis points next week. Bank of America strategist Michael Hartnett released the latest research report stating that 2025 will become a major watershed in global market investment themes.
He believes that the weakening of the U.S. dollar, the end of the era of deflation in Europe and Japan, and fiscal expansion in Europe, the United States, and Asia all provide reasons to be long in non-U.S. assets. The strategist made it clear that one should be "long international markets."
In addition, regarding the U.S. economy, Morgan Stanley Chief Economist Seth Carpenter said in an interview with Germany's Handelsblatt on September 13 that U.S. economic growth is slowing down significantly, and one of the important factors is the U.S. tariff policy. The consequences of this policy will continue to appear in the next few months. He expects weak growth in the U.S. economy in the fourth quarter of this year and the first quarter of next year. The U.S. economy is likely to grow by only about 1.25% in 2026, much lower than the 2.8% growth in 2024. Part of the content is synthesized from CCTV International News, Wall Street News, etc. Editor: Peng Bo
Proofreading: Yang Shuxin

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