Tonight I've given myself another excuse to stay up late: Powell announced an interest rate cut. Honestly, there's not much to see; the market had already anticipated 25%, and the final figure will likely be 25%.
Perhaps the only thing worth paying attention to is Powell's speech! Gold has fallen quite a bit recently, and these outflowing funds will gradually flow into various financial markets. A single day's drop in gold is equivalent to the entire market capitalization of cryptocurrencies, so only a small inflow is needed. #ETH #DOGE #Ethereum