David Chao: Gold has been included in the Federal Reserve's tightening expectations, but does not reflect high real yields
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David Chao, a market strategist at Invesco, stated that gold has been included in the Federal Reserve's tightening expectations, but it has not fully reflected the impact of long-term high real yields.
Tickmill Group analyst Patrick Munnelly stated that the AI driven stock market has become unstable, with leveraged retail exposure, crowded semiconductor long positions, and demand sentiment for storage chips creating a market susceptible to negative news.
The market value of USDT reached $191.5 billion, briefly surpassing ETH's market value of $187.5 billion, and ETH's price fell by 5% on the same day. （CoinDesk）
Michael Thaler stated that he is buying Bitcoin during each decline, and there have been 15 significant drawdowns in the past 15 years. The current drawdown is a natural deleveraging process for the asset, occurring every 6 months to 1 year. It has experienced 5 large-scale drawdowns, and the decline is temporary. （The Bitcoin Historian）
