✅ Hawkish Fed chief's speech spooked market, fears of easing policy slow down send prices down and bond yields rising 🕯
Daily Digest:
🔸 Solana did more transactions than combined activity on all other blockchains hitting a new ATH in daily transactions
🔸 Wyoming Senator has declared 2025 to be 'the year for Bitcoin and digital assets'
🔸 The Federal Reserve cut rates by 25 basis points as expected ✅
🔸 The Fed's PCE inflation expectation for 2025 rose to 2.5%, a bearish sign
🔸 Europol seized $26 million in crypto from nine drug traffickers 👮
🔸 Deutsche Bank has announced that it's launching its own Ethereum layer 2 blockchain