If you've been watching bitcoin, you probably noticed the pullback yesterday. It dropped from $108,000 to $99,000 after the FOMC meeting, where the Fed cut rates, and Jerome Powell, the Fed Chair, when asked about the Strategic Bitcoin Reserve, said: "We're not allowed to own bitcoin and not looking for a law change.". The market, as usual, overreacted by dumping bitcoin. But let me tell you: This dip? It's nothing to worry about.
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