Why The Crypto Market Dumped? ๐๐ป
โข #FedRateCuts estimates down to 2 in 2025 (earlier it was 3)
โข Jerome Powell hints towards restrictive monetary policy (less printing, fewer rate cuts).
โข The #fed 's main goal is still 2% inflation, which can only be achieved through high interest rates.
Overall, #Powell crashed the market ๐๐