#成長值抽獎贏iPhone17和精美週邊 Now, suppose the interest rate is cut by 25 basis points in December (with an 87% probability), how will this change investors' mentality? Low interest rates weaken the appeal of bonds, and people may flock to the crypto market, driving up prices—just like the recent Bitcoin rebound exceeding $90,000. However, some are concerned that if the economy is weak, this is just a short-term buffer or a signal of a long-term bull run?

PANews, December 2nd news, according to Cointelegraph, the price of Bitcoin has currently dropped 31.4% from the historical high of $126,000 reached on October 6th. This pullback has caused the BTC price to fall below its network value (Metcalfe's value) for the first time in two years. Economist Timothy Peterson states that historically, this often indicates a recovery for Bitcoin. Metcalfe's Law indicates a positive correlation between BTC price and the rise in active addresses and volume (i.e., network value); the more wallets and transactions there are, the higher the fair price. This divergence between price and network value indicates that Bitcoin is undervalued relative to the continuously expanding network, a situation that usually occurs after excessive speculation.
Peterson posted on X platform on Tuesday, stating that while it does not mean the price has hit bottom, it indicates that most of the leverage has been cleared and the "bubble" has burst. He also added that the Metcalfe price