According to MarsBit, U.S. Treasury Secretary Scott Bessent clarified that the rumored "$2,000 dividend" is actually a tax cut rather than direct liquidity injection. At the same time, Federal Reserve official Loretta Mester (Logan) delivered hawkish remarks, effectively extinguishing hopes for a December rate cut. Under this double blow, market bulls lost confidence, leading to sharp declines in Bitcoin and Ethereum prices and a surge in panic sentiment. The AI narrative remains the last pillar supporting sentiment, but the upcoming Nvidia earnings report could introduce further volatility. Market participants should closely monitor subsequent policy signals and earnings data for their impact on risk assets.
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