Bitcoin 109,000 mark meets Moonshot Meme fever, Bitcoin bull market may peak in September-October this year? | HashKey Trading Time

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Bitcoin at 109,000 Meets Moonshot Meme Craze, Will Bitcoin Bull Market Peak in September-October This Year? | HashKey Trading Moment

1. Market Observation

Keywords: Arbitrum, ETH, BTC

Trump's "grand and beautiful" tax cut bill is stuck in a stalemate in the Senate, with Republican leader John Thune facing serious party division - moderates demand retention of medical benefits and renewable energy subsidies, while conservatives insist on expanding spending cuts, making the bill's passage before the July 4th deadline highly uncertain. Meanwhile, Trump continues to pressure the Federal Reserve, openly criticizing Chairman Powell for "artificially maintaining high interest rates", claiming ideal rates should be 1%-2% (currently 4.25%-4.5%), and hinting at potentially nominating a successor in October. This intervention in central bank independence has raised concerns among economists. A Financial Times survey shows over 90% of experts believe Trump's "excessive fiscal policy" is weakening the US dollar's safe-haven status, with three-quarters of respondents predicting US Treasury yields will exceed 5% by mid-next year. Despite these risks, the US stock market showed resilience on Friday, with the S&P 500 and Nasdaq indexes reaching historical highs of 6,173.07 and 20,273.46 respectively.

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  • Sui (SUI) will unlock approximately 44 million tokens on July 1 at 8 AM, which is 1.3% of the current circulating supply, valued at around $122.8 million;

  • Today's Top 500 Market Cap Gainers: Humanity Protocol (H) rose 103.83%, Launch Coin (LAUNCHCOIN) rose 32.17%, Shentu (CTK) rose 21.58%, Useless Coin (USELESS) rose 19.71%, Arbitrum (ARB) rose 17.82%.

    Bitcoin at 109,000 Meets Moonshot Meme Hype, Will Bitcoin Bull Market Peak in September-October This Year? | HashKey Trading Moment

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    Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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