ChainCatcher news, according to CoinDesk, the Federal Reserve announced a 25 basis point rate cut on Thursday, as expected. The U.S. Bitcoin spot ETF saw a net inflow of over $1.3 billion on Thursday, and against this backdrop, traders are optimistic about Bitcoin's prospects.Min Jung, an investment analyst at Presto Research, stated, "In the short term, $100,000 will become the next major focus level, as this number is symbolic and represents a change in digits. Looking ahead, we believe the U.S. may eventually incorporate Bitcoin into its balance sheet, perhaps as part of a 'strategic Bitcoin reserve' or something similar, but likely under a more low-key name. With that in mind, we believe Bitcoin's target is around $110,000."Alex Kuptsikevich, a senior market analyst at FxPro, said, "After the U.S. election results were announced, the leading cryptocurrency surged significantly, but it is currently holding at high levels, possibly consolidating its strength before the next round of increases. Overall, we maintain that the new highs have triggered a wave of strong growth, expected to rise to $100,000-$110,000 within 2-3 months without experiencing significant pullbacks." However, some traders warn of potential short-term pullbacks, although they remain generally bullish on BTC, indicating that post-election market adjustments and policy uncertainties could lead to short-term corrections.

ChainCatcher news, after the Federal Reserve cut interest rates, the US stock market continues to rise. (Jin Ten)

ChainCatcher news, the Federal Reserve has lowered the benchmark interest rate by 25 basis points to 4.50%-4.75%, marking the second consecutive rate cut, in line with market expectations. (Jin Shi)

ChainCatcher news, according to a new report from CCData, the stablecoin industry will have to endure significant losses in interest income following the Federal Reserve's latest interest rate cut. The top five centralized stablecoin issuers collectively hold nearly $125 billion in U.S. Treasury securities, accounting for nearly 80.2% of their reserve funds. For every 50 basis points the Federal Reserve cuts rates, it will result in an annual loss of $625 million in interest income for dollar stablecoin issuers.Data shows that Tether holds nearly $93.2 billion in U.S. Treasury securities and repurchase agreements, which contributes significantly to its net profit of $5.2 billion in the first half of 2024. The second-largest stablecoin, USDC, holds $28.7 billion in U.S. Treasury securities through its Circle Reserve Fund, while FDUSD, PYUSD, and TUSD hold $1.83 billion, $634 million, and $502 million in U.S. Treasury securities, respectively.

ChainCatcher news, stablecoin research company Bluechip posted on the X platform that for every 50 basis points the Federal Reserve cuts interest rates, Tether's annual revenue decreases by $488 million, and Circle's annual revenue decreases by $144 million. As the Federal Reserve lowers interest rates, the earnings that stablecoin issuers receive from U.S. Treasury bonds decline, which may force them to make riskier investments to compensate for the loss of income.In addition, according to screenshots shared by Bluechip, as of September 22, Circle and Tether hold over $125 billion in U.S. Treasury bonds.

ChainCatcher news, on the 18th, the Federal Reserve announced a 50 basis point cut to the target range for the federal funds rate, exceeding market expectations. This is the first rate cut by the Federal Reserve in four years and marks a shift from a tightening monetary policy cycle to an easing cycle. The dot plot indicates that the Federal Reserve expects to cut rates by another 50 basis points this year.According to 4E Exchange observations, after the interest rate decision was announced, U.S. stocks experienced a rollercoaster ride, with all three major indices climbing and then retreating, ultimately closing slightly lower. Both the Dow Jones and the S&P 500 indices reached all-time highs during the day. Non-U.S. currencies rose broadly, oil prices dipped slightly, gold fell after reaching a new high, and the cryptocurrency market saw widespread gains, with Bitcoin up 3.26% and Ethereum rising 3.1% as of the time of writing.With the onset of the rate-cutting cycle and the continued decline of risk-free rates, institutional investors may increase their positions in the cryptocurrency market in search of higher returns. However, it is important to note that while rate cuts typically have a positive impact on risk assets, significant cuts have also raised some market concerns about the health of the U.S. economy, which can have a significant impact on prices. 4E reminds you to pay attention to recent market volatility risks and to allocate assets wisely.

ChainCatcher news, according to Jinshi reports, the Federal Reserve has begun a rate cut cycle, lowering the federal funds rate by 50 basis points to 4.75%-5.00%, marking the first rate cut since March 2020.

ChainCatcher news, Howard Marks of Oak Tree Capital stated that after the Federal Reserve cuts interest rates, U.S. rates will be in the range of 3% to 4%. Marks, co-chairman and co-founder of Oak Tree Capital, said at a conference in Melbourne on Thursday that the Federal Reserve will lower rates from the emergency level of 5.25% to 5.5% down to the 3% line. He also emphasized that he believes rates will stay around the 3% line and will not return to zero, 0.5%, or 1%. (Jin Shi)

ChainCatcher news, Paul Christopher, the global investment strategist at Wells Fargo, stated that the U.S. stock market is set to experience a rally like never seen in the past 30 years.Paul Christopher believes that today's market is similar to that of 1995, when the stock market was booming and the S&P 500 Index (SPX) set 77 historical highs. Investors may face a similar environment. This is because inflation is declining, the economy "is not collapsing," and the U.S. Department of Commerce estimates that the GDP grew by 2.8% year-on-year in the second quarter.Paul Christopher told CNBC on Thursday that the Federal Reserve "is in a favorable position if it can be sufficiently proactive."