ChainCatcher news, according to Bloomberg, Bitcoin took a slight breather after first breaking through $108,000, as traders awaited the anticipated Federal Reserve interest rate cut decision and assessed the optimism brought by incoming President Donald Trump's support for cryptocurrencies.Trump has promised to introduce friendly regulatory policies aimed at establishing the U.S. as a leader in the cryptocurrency space and supports the idea of creating a strategic national Bitcoin reserve. MicroStrategy is set to join the Nasdaq 100 index, which also adds to this optimism, as it opens up possibilities for the company to further profit from Bitcoin investments. The market widely expects the Federal Reserve to implement another 25 basis point rate cut on Wednesday, but the clarity of future policy direction has diminished due to strong U.S. economic growth and inflation risks stemming from Trump's broader agenda.

ChainCatcher news, according to Ember monitoring, an address that withdrew 801 BTC from Huobi at a price of $10,103 in August 2019, transferred 301 BTC to Binance at a price of $61,668 two hours ago.After 5 years, the BTC price has risen from the $10,103 when he withdrew from Huobi to the current $61,668. This yields a return of 5.1 times.

ChainCatcher news, according to The Block, K33 analyst David Zimmerman stated that Bitcoin futures traders at the Chicago Mercantile Exchange (CME) increased their short positions ahead of today's Federal Reserve interest rate decision, indicating a cautious market sentiment.It is reported that there is a general expectation that the Federal Reserve will lower the benchmark interest rate this week, with rate traders predicting a 50 basis point cut at Wednesday's Federal Open Market Committee (FOMC) meeting.