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Analysis: A new round of macroeconomic factors causes Bitcoin’s upward momentum to stall

PANews September 30 reported that, according to Lianhe Zaobao, U.S. President Trump rejected Iran’s latest proposal to reopen the Strait of Hormuz. This new round of macroeconomic uncertainty is putting pressure on risk assets, and Bitcoin has cooled after surging for several weeks, with its upward momentum stalling. In addition to geopolitical factors, the market continues to digest the U.S. Federal Reserve’s interest-rate hike measures and has also begun preparing for October another possible interest-rate hike. Since August 19, Bitcoin has risen by 28%, and Bitcoin now looks set for its best quarterly performance since the fourth quarter of 2024🔗https://www.panewslab.com/zh/articles/01a0edef-11dc-7077-955c-5e7004769627