Tom Lee Warns 2026 May Bring Bear Market
Fundstrat’s Tom Lee expresses reduced optimism for 2026, predicting potential bear market conditions, while forecasting the S&P 500 to reach 7,700 by year-end 2024. #Update #Crypto $SPY
Powell
Bitcoin Crashes as FOMC Signals Shift
Jerome Powell’s post-FOMC comments suggest political pressure tactics affecting crypto liquidity, with the Fed ending quantitative tightening on December 1. #Update #Crypto $BTC
Fed Cuts Rates by 25 Basis Points
The U.S. Federal Reserve cut its benchmark interest rate by 25 basis points to 3.75%-4.0%, with Bitcoin trading at $111,700, down 3%. Market awaits Fed Chair Powell’s comments. #Update #Crypto $BTC
Bitcoin Struggles as Powell Hints QT End
Federal Reserve Chairman Jerome Powell indicated that the central bank may soon end its balance sheet reduction, yet BTC remains bearish, trading near $112,600 with options reflecting downside sentiment. #Update #Crypto $BTC