U.S. stocks hit a new all-time high again, the price of Bitcoin exceeded $68,000, and Federal Reserve Chairman Powell announced that he would cut interest rates three times again. This series of important financial events is stirring up waves in the global market, dazzling investors, and making people full of expectations and challenges for future economic trends. Let’s delve behind these events to reveal their deeper meaning and possible impact.

The U.S. stock market has always been the focus of global investors' attention, and the U.S. stock market's new high has triggered widespread heated discussion. Over the past period of time, the U.S. stock market has continued to show strong upward momentum, with major indexes hitting record highs. This round of bull market has made investors full of confidence and the market is full of optimism. Whether it is technology stocks, financial stocks or consumer stocks, they have all performed well in this wave of market conditions, bringing huge returns to investors.

At the same time, as an emerging digital currency, the price of Bitcoin has also been soaring, recently breaking through the $68,000 mark. The explosive performance of Bitcoin has attracted the attention of more and more investors and institutions and has become a hot topic in the investment field. Although the price of Bitcoin fluctuates greatly, its properties as a safe-haven asset and digital gold are highly sought after, and its future development potential cannot be underestimated.

Against the backdrop of the strong performance of U.S. stocks and Bitcoin, Federal Reserve Chairman Powell announced that he would cut interest rates three times again. This move means that the U.S. central bank will adopt a more loose monetary policy to stimulate economic growth. As the pace of global economic recovery accelerates and inflationary pressure increases, central banks of various countries are actively responding, and the Federal Reserve's actions are affecting the nerves of the global market. Dovish interest rate cuts will inject more liquidity into the market and push the stock market to continue to rise. At the same time, it may also trigger risks such as inflation, which requires investors to remain vigilant.

In such a moment full of variables, investors need to keep a cool head, rationally analyze market trends, and formulate reasonable investment strategies. Whether it is the stock market or the cryptocurrency market, risks and opportunities coexist, and investors should make appropriate decisions based on their own risk tolerance and investment goals. At the same time, you must also pay close attention to changes in the global economic situation, adjust your investment portfolio in a timely manner, and grasp the pulse of the market.

In general, the U.S. stock market has reached a new high, the price of Bitcoin has exceeded US$68,000, and the Federal Reserve has cut interest rates three times. These are important events in the current financial market and will have a profound impact on the global economy and investment markets. Investors need to remain vigilant, assess the situation, and make wise investment decisions in order to maintain steady asset appreciation amidst market fluctuations. May we seize opportunities, meet challenges and grow together in this era full of opportunities and challenges!

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Currency Circle (120bTC.COM) News: The U.S. Federal Reserve (Fed) concluded its two-day policy meeting this morning (21), and the Federal Open Market Committee (FOMC) announced that it will maintain the federal funds rate at a range of 5.25 to 5.5%. Within, it was the fifth consecutive month of no action since July 2023.

At the press conference, Federal Reserve Chairman Ball stated that although the CPI and employment data in the past two months have not shown a significant cooling in inflation, they believe that the trend of stable price decline has not changed.

 Latest interest rate dot plot revealed

Although he could not elaborate on the specific timing of the rate cut, Ball said that as long as more confident data emerges, a rate cut is expected to come soon.

In addition, the interest rate dot plot that the market is paying attention to shows that officials expect to cut interest rates three times by the end of 2024, each time by 0.25%. There will also be three interest rate cuts from 2025 to 2026, further pushing the federal funds rate toward the "neutral rate" of about 2.6%.

 When will the interest rate cut start? 

Fedwatch forecasts show that the possibility of the first interest rate cut this year in May is currently only 10%, but the possibility of June has risen to nearly 67%.

As the United States will hold a presidential election in November this year, some investors believe that the Federal Reserve will choose to cut interest rates early to avoid possible political interference in the Fed's operations at the height of the election campaign.

 U.S. stocks hit another all-time high

Before the announcement of this interest rate decision, investors were originally worried because they were afraid that higher-than-expected inflation data would make the Fed more cautious and even lower its expectations for an interest rate cut in 2024.

As the results came out, most officials maintained their decision to cut interest rates three times this year, which also reassured the market. U.S. stocks closed at a record high again this morning:

   The Dow Jones Industrial Average rose 401.37 points, or 1.03%, to close at 39,512.13 points.

   The S&P rose 46.11 points, or 0.89%, to close at 5,224.62 points.

   The Nasdaq index, which is dominated by technology stocks, rose 202.62 points, or 1.25%, to close at 16369.41 points.

   The Philadelphia Semiconductor Index rose 75.38 points, or 1.60%, to close at 4788.18 points.

 Bitcoin breaks $68,000

Back to cryptocurrency, after the last correction at zero, Bitcoin has been on a roll, rising by US$6,000 from the level of 62,000, reaching a maximum of US$68,240 around 08:30 this morning (21st). Yesterday's decline has been fully replenished.

 The top ten tokens are generally rising

CoinMarkeCap data shows that the top ten currencies have generally risen in the past 24 hours, with DOGE and SOL rising the most, rising 17.6% and 11.49% respectively.