Analyst: The Federal Reserve may not cut interest rates early, and it is expected that BTC will remain in the $80000 to $90000 range

Odaily Planet Daily News: After Federal Reserve Chairman Powell dispelled hopes of an early interest rate cut, the cryptocurrency market rebounded after a short-term decline. Jeff Mei, Chief Operating Officer of BTSE, stated that the Federal Reserve may not cut interest rates early in the short term, so it is expected that the price of Bitcoin will remain in the range of $80000 to $90000; SignalPlus analysis director Augustine Fan pointed out that cryptocurrency trading is mostly volatile, but as long as BTC can maintain above $81000 in the short term, the technical aspect will still be more constructive. The market is focused on the details of Trump's first trade agreement and the corporate earnings season starting next week. （CoinDesk）