Key Points:

要點：

• Bitcoin has declined by 2.6% ahead of the Federal Reserve's first interest rate cut in over four years.
• Investors are eagerly awaiting guidance from Fed Chair Jerome Powell and the "dot plot" to be released at the upcoming press conference.
• Recent political events, including the assassination attempt on Trump, have had an impact on Bitcoin's price in the short term.

Bitcoin's Decline and Fed's Interest Rate Cut

在聯準會四年多來首次降息之前，比特幣已下跌2.6%。包括川普遇刺事件，短期內對比特幣價格產生影響。

Bitcoin has witnessed a 2.6% drop on Monday, trading at $58,470 at 10:41 a.m. in Singapore. Markets are bracing for the Federal Reserve's first interest rate cut since 2020. Other cryptocurrencies like Ether and Dogecoin have also experienced losses as investors anticipate further details on the rate cut, expected later this week.

週一新加坡上午 10:41，比特幣價格下跌 2.6%，交易價格為 58,470 美元。市場正在為聯準會自 2020 年以來的首次降息做好準備。

Impact of Fed's Rate Cut on Bitcoin

聯準會降息對比特幣的影響

Interest rate cuts by the Fed generally indicate a loosening of financial conditions, which can be beneficial for riskier assets like cryptocurrencies. However, the primary focus currently lies on the rate cut itself, new economic projections, and Powell's press conference. The "dot plot," which provides hints about future interest rate changes, is of particular interest to investors.

聯準會降息通常表示金融狀況有所放鬆，這可能有利於加密貨幣等風險較高的資產。然而，目前的主要焦點仍是降息本身、新的經濟預測和鮑威爾的新聞發布會。投資者對「點圖」特別感興趣，它提供了有關未來利率變化的暗示。

Sean McNulty, Director of Trading at Arbelos Markets, emphasizes that "The cut is less important than the signaling during the press conference and the release of the updated dot plot." A dovish tone from Powell, as indicated by the options market, could fuel Bitcoin's outperformance.

Arbelos Markets 交易總監 Sean McNulty 強調，“降息不如新聞發布會和更新點圖發布期間發出的信號重要。”正如期權市場所表明的那樣，鮑威爾的鴿派基調可能會推動比特幣的優異表現。

Political Developments Influencing Bitcoin's Price

影響比特幣價格的政治發展

Political events are also influencing Bitcoin's short-term price movements. Former U.S. President Donald Trump recently survived an assassination attempt at his West Palm Beach golf course. Trump's involvement in cryptocurrencies, notably his use of digital assets for campaign funding, has linked Bitcoin's performance to the former president's political fortunes.

政治事件也影響比特幣的短期價格走勢。美國前總統川普最近在他的西棕櫚灘高爾夫球場遭遇暗殺未遂。川普對加密貨幣的參與，特別是他使用數位資產作為競選資金，將比特幣的表現與這位前總統的政治命運聯繫在一起。

Similar to the surge in Bitcoin following a previous assassination attempt on Trump in July, this event has once again raised speculation about his re-election chances. The intensifying race towards the U.S. presidency renders Bitcoin susceptible to political and economic changes.

與7月暗殺川普後比特幣的飆升類似，這起事件再次引發了人們對他連任機會的猜測。美國總統競選的加劇使得比特幣容易受到政治和經濟變化的影響。

Disclaimer: The information presented here is general market commentary and does not constitute investment advice. Investors are advised to conduct their own research before making any investment decisions.

免責聲明：此處提供的資訊是一般市場評論，並不構成投資建議。建議投資者在做出任何投資決定之前進行自己的研究。