[Probability of Fed Rate Cut and Rate Hold in December Meeting Are Comparable]
FPMarkets Chief Market Analyst Aaron Hill pointed out in a report that the recent government shutdown has led to a lack of official data, posing challenges for the Federal Reserve's December policy meeting. Internal disagreements are evident, with some officials supporting a rate cut, but 'a meaningful hawkish repricing has already occurred.' LSEG data shows that the probability of a rate cut and maintaining rates unchanged in the currency market is currently roughly equal.
[Guggenheim Chief Investment Officer: Economic Slowdown May Prompt Fed to Cut Rates in December]
On November 14, Anne Walsh, Chief Investment Officer of Guggenheim Partners Investment Management, stated that signs of a partial economic slowdown might prompt the Federal Reserve to cut rates again in December. Walsh pointed out that low-income consumers and small businesses are struggling, while affluent individuals and large corporations are performing strongly, creating a 'two-speed economy.' She believes that economic weakness could push the Fed to lower the neutral rate to around 3% and expects more rate cuts to occur by 2026.
According to the heat ranking, ZEC's popularity has decreased by 80000 followers compared to yesterday, ranking first. The heat ranking is as follows:
① ZEC ($525.73,4.83%)
② BEAT ($0.4074,8.09%)
③ ETH ($3188.55,-9.02%)
④ UNI ($7.28,-7.61%)
⑤ MET
The purchasing power of ZEC's main funds is average, with a net inflow of $31.583 million within 24 hours and a turnover of $40.34 billion within 24 hours, of which the main funds have a net outflow of $4.2029 million.
[Address holding ETH for over 4 years sells 2,404 ETH, cashing out approximately $7.7 million]
According to Lookonchain monitoring, address 0x0c19… has just sold 2,404 ETH held for over 4 years, with a transaction amount of approximately $7.7 million. This address purchased the aforementioned ETH on August 25, 2021, at a price of approximately $3,190 per ETH. Currently, the price of ETH is close to the cost of holding at that time.
The address 0x0c19 of the giant whale sold 2404 ETH held for over 4 years, worth approximately 7.7 million US dollars. These ETH were purchased on August 25, 2021, at a price of approximately $3190. Currently, the ETH price has fallen back to its breakeven point. (Lookonchain)