The Fed is quarreling! Is Bitcoin as stable as Mount Tai? The on-chain data reveals the amazing truth

Although the Federal Reserve meeting maintained interest rates unchanged, internal interest rate cuts were intensified - 7 of the 19 officials clearly opposed the interest rate cut in 2025, and policy uncertainty reached a new high. However, the cryptocurrency market reaction was flat: Bitcoin price was stable at $104,000, with a single-day volatility below 2.1%, and the liquidation scale ($224 million) did not trigger a panic sell-off. Core contrast logic: On-chain data reveals the underlying support of the calm market - Bitcoin's "old supply" (not moving in ten years) is growing at a rate of 566 per day, exceeding the miner's new issuance (450 per day), resulting in a 116 daily increase in net scarcity. Fidelity report predicts that by 2035, such long-term dormant positions will account for more than 30% of the circulation, and the tradable supply will continue to be tightened. At the same time, institutional holdings (spot ETFs hold more than 450,000 BTC) and derivative tools have matured, significantly buffering the impact of policies, marking the transformation of the crypto market from a "policy bird" to a mature ecosystem. But geopolitical risks (such as tensions in the Middle East) remain potential threats. 3. Keyword tags #Bitcoin #Feder #On-chain data #Scarcity #Cryptocurrency market #Institutional holdings #Bitcoin ETF #Fidelity Report #Ancient Supply #Rate Cut Differences#Geographic Risk #Long-term holdings become members of this channel to enjoy the following benefits: https://www.youtube.com/channel/UCO5ER7iDBK62VMbbFQRkBZg/join Welcome to "Coin Emperor BD"! Here is your "no threshold" class for understanding virtual currencies, blockchain, Bitcoin, Dogecoin, and even WB3.0. We are not telling you how to "mine" and make money, but we will take you deep into the real "minerals" behind virtual currencies - how technology, trends, markets, and even policies affect your wallet! From the birth of Bitcoin to the "earthy" emoticon culture of Dogecoin, we bring all these "virtual things" to you, and they are easy to understand without losing depth - allowing you to understand the truth in the currency circle in seconds. #btc #Bitcoin #Virtual Currency #Investment Analysis #Cryptocurrency