1. Behind the sharp decline in the cryptocurrency market: concerns about the economic outlook and the decline in Fed rate cut expectations.
US stocks suffered heavy losses yesterday, with the Dow Jones Industrial Average, S&P 500 Index, and Nasdaq Index all sharply falling, with the Nasdaq experiencing its largest decline since August 5th. The cryptocurrency market was also affected by the stock market, with nearly 200 million US dollars liquidated across the entire network. Golden Finance has compiled the relevant factors behind the market crash to help investors stay informed about market dynamics. Click to read.
2. This cycle is unusual: atypical cycle or bull market has not yet begun.
From the dominance of Bitcoin and altcoins, this cycle is unusual. In the past, the normal sequence of the cryptocurrency market was almost always as follows: 1) The dominance of Bitcoin rises during the bear market. 2) It continues to rise in the early stages of a bull market. 3) As the bull market matures, investors begin to allocate funds to high-risk assets (the season of altcoins). 4) Subsequently, the dominance of Bitcoin starts to decline. Click to read.
3. Outlier Ventures: The four-year cycle driven by Bitcoin halving no longer holds true.
Four months after Bitcoin halving, we witnessed the worst post-halving price performance so far. In this article, we will explain why halving no longer has a fundamental impact on the price of BTC and other digital assets. The last time halving had a fundamental impact was in 2016. With the maturity of the digital asset market, founders and investors should let go of the concept of a four-year cycle. Click to read.
4. Arthur Hayes: Bull market delayed, how will the market react in September, the worst case scenario?
Like Pavlov's dog, we all believe that the correct response to rate cuts is BTFD. This behavioral response is rooted in recent memories of low inflation during peacetime under US governance. Whenever there is a threat of deflation, this is terrifying for financial asset holders (i.e. the wealthy), and the Federal Reserve (Fed) responds powerfully by pressing the Brrr button on the printing press. The US dollar is the global reserve currency, creating loose monetary conditions for the world. Click to read.
5. The correlation between the Fed's interest rate cuts and the bull market
In my recent Q&A sessions, I have been responding less and less to specific questions about individual tokens or projects. One main reason is that most of these tokens and projects have been previously asked about by readers and I have already addressed them. Furthermore, there haven't been any new highlights or developments in the subsequent progress of these projects, so readers can find the previous answers by reviewing my earlier articles. My viewpoints on them have not changed since. Click to read