#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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Analyst: Market focuses on whether the Fed will pause rate hikes in January next year and how to convey the potential attitude change of a "hawkish rate cut"
Odaily Planet Daily News, SPI Asset Management analyst Stephen Innes said that although market participants generally believe that further interest rate cuts and strong profit rises will coexist, these factors are not necessarily interdependent. There is a general expectation that the Fed will cut rates by 25 basis points, but the subsequent trend remains unclear. In any case, the future trends of the dollar, stock market, and bond market will largely depend on the guidance to be issued by the Fed, rather than the rate cut itself on Wednesday. The key issue is whether the Fed will signal a pause in rate hikes at the FOMC meeting in January next year. My view tends to be affirmative. However, the real focus is on how the Fed will clearly communicate this potential shift and confirm a 'hawkish rate cut'. (Golden Finance)