BlockBeats News, February 27 — Market expectations for Fed Chair nominee Waller to “cut interest rates immediately upon taking office” have quickly cooled. The IMF forecasts U.S. economic growth this year to rise to 2.4%, with the unemployment rate remaining around 4%, and inflation gradually easing. There may be only one 25 basis point rate cut in the next year. Interest rate futures show that the first rate cut has been pushed back from June to July. The meeting minutes also reveal that some officials are open to raising interest rates again, with a slightly hawkish shift in policy stance.
Meanwhile, the 30-year U.S. mortgage rate has fallen back to 5.98%, the first time below 6% since 2022. While this helps improve housing affordability, market expectations for significant easing have clearly diminished amid resilient economic data. The macro focus has shifted from “when to cut rates” to “how long high interest rates will last.”
In the crypto market, there is a clear accumulation of short positions above the 69,000–70,500 region for BTC, while the 66,000–66,500 zone provides strong support for long positions. The current price is oscillating around the mid-range, exhibiting a typical liquidity tug-of-war structure in the short term.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
BTC fell below 67000 USDT
Gate News bot message, Gate market shows that BTC has fallen below 67000 USDT, current price is 66981.7 USDT.
CryptoRadar5m ago
BlackRock transferred 68,568 ETH and 612 BTC to a certain CEX, with a total value of approximately $181 million.
Gate News report, on March 27, according to Onchain Lens monitoring, BlackRock transferred 68,568 ETH (worth $139.87 million) and 612 BTC (worth $41.4 million) to a certain CEX, with a total transaction value of approximately $181 million.
GateNews18m ago
In the past 24 hours, the entire network experienced liquidations of $214 million, with long positions accounting for over 80%.
Gate News reports, on March 27, according to CoinAnk data, the total liquidation across the network in the past 24 hours was $214 million, with long positions liquidated at approximately $178 million and short positions liquidated at about $36.52 million. By cryptocurrency type, Bitcoin liquidations were approximately $81.21 million, Ethereum liquidations were about $38.67 million, and SOL liquidations were around $10.53 million.
GateNews21m ago
Bitcoin whales bought an additional 61,000 BTC in a month amid global instability.
Big investors are accumulating Bitcoin amidst geopolitical tensions and macroeconomic instability, with large wallets adding over 61,000 BTC in a month. While some retail investors are also participating, the market sentiment remains fearful. The trend of withdrawing BTC from exchanges suggests a preference for storage rather than selling, which could reduce supply pressure. Despite this, some whales are opting to sell during price fluctuations, indicating a lack of consensus in the market.
TapChiBitcoin32m ago
