Macroeconomic Outlook for Next Week: The Christmas Season May Be Fraught with Crisis, Beware of Liquidity Shortages Amplifying Market Volatility

ChainCatcher news, this week, the Federal Reserve finally confirmed the long-anticipated "pivot" by the market. The central bank's statement and update on economic forecasts this week had a significant impact on the market. Market participants currently expect the Federal Reserve to cut interest rates by about 40 basis points by December 2025, leading to a rise in U.S. Treasury yields. Earlier this week, Bitcoin fell from its historical high, and on Friday during the European session, Bitcoin continued its downward trend, approaching $95,000 at one point. Earlier, Bitcoin had just set a new historical high of over $108,000, and this round of decline in the crypto market has had a greater impact on altcoins such as Ethereum and Dogecoin.

Additionally, U.S. exchange-traded funds (ETFs) that directly invest in Bitcoin also ended a 15-day streak of inflows this week, recording an outflow of $680 million, highlighting the shift in market sentiment.