🚀#Bitcoindrops nearly 3% after Fed hints at no more rate cuts ahead. Chairman Jerome Powell stresses economy is strong, no rush. 📉
- BTC now: $88,100, down 2.74% since Nov. 14.
- Probability of December rate cut now 59%.
- Low interest rates tend to drive investment in BTC and tech stocks.
📈 US inflation slightly higher than expected in October, may ease pressure on Fed to adjust interest rates.
What do you think about this situation? Share your opinion! 💬#Crypto#Finance #Blockchain