[10x Research: Market Turns Cautious on Fed Rate Cut Expectations, Demand for Risk Assets Suppressed] Odaily Planet Daily News - 10x Research posted on the X platform, stating, 'Bitcoin declined after comments from Federal Reserve officials, as the market turned cautious about future rate cut expectations, suppressing demand for risk assets. MicroStrategy reported quarterly profits, benefiting from its Bitcoin holdings, further reinforcing institutional demand. The momentum for U.S. crypto legislation and ETF applications continues to strengthen, providing ongoing support for Bitcoin's long-term bullish sentiment. Amid the tug-of-war between macroeconomic factors and institutional capital, BTC is fluctuating near the $11,000 low, with its price movement clearly influenced by policies and capital flows.'