【AiCoin丨3.19 Snapshot: Rate Cut Expectations, Gold Decline, Whale Position Closure】

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  1. President Trump asks when the Fed will cut interest rates; Fed Governor Milani advocates for rate cuts.

  2. Hedge funds reduce Bitcoin ETF exposure, institutional investors increase holdings.

  3. Spot gold drops below $4,890 per ounce, down 2.36% intraday.

  4. U.S. February PPI monthly rate 0.7%, annual rate 3.4%.

On March 18, according to Jin10 data, U.S. February PPI monthly rate was 0.7%, higher than the expected 0.3% and previous 0.50%; PPI annual rate was 3.4%, higher than the expected 2.9% and previous 2.90%.

  1. Lummis says the current U.S. government is the most supportive of digital assets.

Lummis states that no previous administration in U.S. history has been more supportive of digital assets than the current government, emphasizing this as the only opportunity to advance market structure and calling for immediate regulatory clarity.

  1. Whales close BTC short positions, unrealized profit of $7.09 million.

The whale “set 10 major targets first” posted a position screenshot on X platform and announced it has closed the position for a rest. The screenshot shows a BTCUSDT perpetual contract short position of about 2,281 BTC, with unrealized profit of approximately $7.09 million, a return of about 21.86%, and margin of about $32.45 million.

The above are the top highlights from the past 24 hours. For faster news, please download AiCoin ().

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