🚀 Crypto Rollercoaster Alert! 🚀
Hold onto your digital wallets, folks! The Fed just trimmed rates by 25 basis points, but hinted at only two more cuts in 2025. Bitcoin took a nosedive, dropping 4.6% to $101,300, while Ether slid 5.96% to $3,600. Traders had their bullish hats on, but Powell's hawkish vibes raised eyebrows. 🤔
Inflation forecasts jumped from 2.1% to 2.5%, adding spice to the mix. Meanwhile, BTC danced around the $100K mark, with analysts eyeing spot bids to reclaim lost ground.
What do you think? Are we in for a wild crypto ride? Share your thoughts below!