🌟 Attention Bitcoin Investors 🌟
Hold onto your seats! The cryptocurrency market is experiencing turbulence, with Bitcoin and altcoins seeing sudden declines. But fear not, tomorrow brings a beacon of hope as US Federal Reserve Chairman Jerome Powell takes the stage after the FED interest rate decision.
What will Powell say? Market experts anticipate a cautiously optimistic tone, hinting at the need for more time before making policy moves. Expectations are high for a potential rate cut, signaling a shift to a wait-and-see approach until the Fed gains clarity on inflation.
Bank of America economists predict a slowdown in quantitative tightening, with the US Treasury likely to reduce its monthly redemption limit. They believe Powell is content with current rate expectations but foresee challenges in market control.
Keep your eyes peeled! If Powell's remarks tomorrow night are favorable, we could see a recovery in the crypto market. Stay tuned for updates and buckle up for what promises to be an eventful ride! 🚀 #Bitcoin #Crypto #Investing #HKETF #BitcoinETFs
