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It is said: 'The Fed remains steady, Meta attracts funds while Microsoft sinks, Tesla transforms into Iron Man, and the crypto world is parched and heartbroken.'
Good morning, good afternoon, and good evening, everyone. Welcome to 【Daily Finance by the Pharmacist】. I am the Pharmacist. This is my new column. We can't just look at K-lines every day. Even if contract speculation is making money, we still need to return to value investing, right? So let's chat every day about what's really happening in this world and discuss the most authentic financial news. Today is January 29, Thursday. Last night was quite bewildering for many. The market seems as split as a mental patient: Powell is there practicing Tai Chi, clearly Microsoft delivered a solid performance, yet it’s being dragged down for spending too aggressively; instead, Zuckerberg's Meta laughed its way to the end relying on its advertising printing press; and that carmaker Musk, no longer talking about cars, only wants to build Optimus Prime now.
Today, the overall cryptocurrency market presents a weak and volatile pattern. Bitcoin (BTC) is currently consolidating in a narrow range around $89,000, with slight fluctuations of about ±1% over the past 24 hours, failing to effectively break through the psychological barrier of $90,000. The overall market's fear and greed index has fallen to 26, remaining in the 'fear' zone, indicating that investor sentiment is still cautious. From a macro perspective, the Federal Reserve has recently kept interest rates unchanged, with inflation pressure coexisting with economic stability. Short-term expectations for interest rate cuts have cooled, placing some pressure on risk assets, including cryptocurrencies. On the other hand, the U.S. Senate Agriculture Committee will hold a key review of the cryptocurrency market structure bill today, and the White House is actively coordinating discussions on stablecoin-related controversies. If legislative progress goes smoothly, it may bring long-term benefits. In the short term, if BTC holds the support range of $87,000-$88,000, there is still a chance to test above $91,000; however, if it breaks below, it may further retest around $85,000. Altcoins are showing mixed performance, with ETH and XRP slightly following the rise, while safe-haven assets like gold and silver continue to strengthen, showing clear signs of capital rotation. Overall, the cryptocurrency market is currently in a consolidation phase, waiting for regulatory clarity and macro signals. Caution is advised in operations, paying attention to the Senate progress tonight and the Fed's subsequent statements. #美联储维持利率不变 #黄金比特币联动行情能走多远? $BTC {future}(BTCUSDT)
Did you think that only central banks and large players are involved in the gold market? That's a narrow view! The stablecoin giant Tether has quietly hoarded 140 tons of physical gold, more than the reserves of many countries! $ETH $BNB $SOL This is not just talk; there are actually 140 tons of gold bars sitting in a warehouse. What does that mean? This scale has already surpassed the official reserves of major economies like Brazil and the Philippines. While everyone is still focused on ETFs and central bank gold purchases, the issuer of USDT has already transformed into a 'whale,' aggressively entering the physical gold market.
Data does not lie: central banks around the world have been crazily increasing their gold holdings in recent years, with gold prices skyrocketing. Now, a cryptocurrency giant has quietly entered the ranks of top buyers. This move is clearly not just about 'preserving value.' It blurs the boundaries between traditional finance and the crypto world, and it indicates that giants are converting the vast liquidity of the crypto world into tangible hard assets.
Think about it: a company issuing digital dollars is heavily invested in the oldest form of physical gold—this stark contrast is full of stories. Is this a deep hedge against the traditional system, or is it the cornerstone of a new financial hegemony? Will it drive more crypto capital towards physical assets? #金价再冲高位 #美联储维持利率不变 #下任美联储主席会是谁? #代币化白银热潮 #瑞典上线VIRBNB The story of gold has opened a new chapter, and this time the protagonist comes from a world that most people still consider 'virtual.' What do you think about Tether's 'cross-border gold hoarding'? Is it a prudent move, or is there a larger game at play? We look forward to your insights in the comments!
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