Trump's trading is powerful again! BTC107K, TSL big pump 6% hits a new high

The US stock market is once again led by the seven giants, with TSL, Alphabet, Amazon, and Apple reaching new highs, driving the Nasdaq index to a new record. Trump's trade is showing its strength again! BTC surged to a new all-time high of 107,793 US dollars yesterday. TSL (TSLA) experienced a big pump of 6.14% to $463.02 per share.

The market is focused on the Federal Reserve interest rate decision

The Federal Reserve will hold a interest rate decision meeting this week from 12/17 to 12/18. Chairman Powell will hold a press conference at 3 am Taiwan time on 12/19 after the meeting.

According to the CME FedWatch Index, as many as 98.2% of investors expect the Fed to cut interest rates by 25 basis points this week, bringing the federal funds rate to 4.25-4.50%. However, the arrival of 2025 and the impending Trump administration's threat of tariffs may lead to import-driven inflation, which could make officials hesitate to take further action. The market currently expects only a two-point rate cut next year, far from the four-point dot plot announced in September, and the market will also closely scrutinize the dot plot released this time, as well as Chairman Powell's remarks after the meeting, to trace the path of next year's interest rates.

BTC 107K hits new high, TSL up 6% The source text is missing. Please provide the text to be translated. Trump's trading is once again powerful! BTC surged to $107,793 yesterday, hitting a new all-time high. MicroStrategy, a company self-proclaimed as a BTC development company, has officially been included in the Nasdaq 100 index, which will take effect before the opening on December 23. However, its stock price fluctuated yesterday, closing down 0.042% at $408.50 per share.

The news pointed out that the Trump transition team has suggested stopping the request for car dealers to report data on autonomous driving accidents, TSL (TSLA) big pump 6.14% to $463.02 per share. Mizuho believes that TSL's autonomous driving software stack is moving towards widespread commercialization and believes that a loose regulatory framework will bring upward potential for the autonomous driving field, raising TSL's target price from $230 to $515.

This article Trump's trading strikes again! BTC107K, TSL up 6% to a new high first appeared on Chain News ABMedia.

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GateUser-8af0f345vip
· 2024-12-17 00:41
All in All in 🙌
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