Why The Crypto Market Dumped? 📉🔻

#FedRateCuts estimates down to 2 in 2025 (earlier it was 3)

➢ Jerome Powell hints towards restrictive monetary policy (less printing, fewer rate cuts).

➢ The #fed 's main goal is still 2% inflation, which can only be achieved through high interest rates.

Overall, #Powell crashed the market 😕📉