Traders priced in for the first time that the Federal Reserve will cut interest rates by 150 basis points in 2024
According to Jin10, traders have priced in a 150 basis point interest rate cut by the Federal Reserve in 2024 for the first time.
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Data: Long-term holders collectively own 14.35 million BTC, accounting for approximately 68.3% of the total supply.
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Analysis: Bitcoin options with a notional value of approximately $23.8 billions will expire on December 26, potentially leading to concentrated liquidation and repricing of risk exposure at year-end.
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