Macro Outlook for Next Week: Christmas Season May Be Full of Crises, Beware of Liquidity Shortage Amplifying Market Volatility
On December 21, this week, the Federal Reserve finally confirmed the long-anticipated "turnaround", and its statement and economic forecast update this week had a significant impact on the market. Market participants currently expect that by December 2025, the Fed will cut interest rates by about 40 basis points, and U.S. Treasury yields have risen accordingly. Earlier this week, Bitcoin fell from its historical high point; on Friday during European trading hours it continued to fall and once approached $95,000. Earlier on, Bitcoin had just set a new record of over $108,000. The current round of decline in cryptocurrency has had an even greater impact on altcoins such as Ethereum and Dogecoin.
In addition, Exchange Traded Funds (ETFs) directly investing in Bitcoin also ended their continuous inflow for 15 days this week with a record outflow of $680 million highlighting a shift in market sentiment.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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