📉 Bitcoin falls amid negative comments from the head of the Fed about the formation of a BTC reserve in the USA
According to him, the regulator cannot currently organize the storage of cryptocurrency, as this would require changes to existing legislation.
💡 The initiative proposed by Trump could have spurred the cryptocurrency market to grow, as the project is capable of supporting positive BTC dynamics through active purchases.
The hints from the Fed that the initiative is unlikely to be implemented — on the contrary, a bearish signal.
💬 Such comments were shared by Powell during another meeting, during which a decision was made to lower the key interest rate by 25 basis points — to 4.25–4.5% per annum.
