📉 The crypto market is turbulent! The Fed cut interest rates by 25 basis points, but a smaller reduction is expected in 2025. This pulled Bitcoin to $100,256. Altcoins, on the other hand, suffered losses of up to 10%.
Powell stated that the Fed is closed to plans to create a Bitcoin reserve. This could shake investors' expectations. Asia and the Middle East are also showing increasing interest in crypto. 🌏
Santiment says that BTC staying above $100,000 could be a strong signal. However, uncertainty prevails in the market. 📊