Jerome Powell's statement shakes the crypto world: The US Federal Reserve does not own Bitcoin and will not! 🔥
In a shocking development, Jerome Powell, Chairman of the US Federal Reserve, announced an hour ago at a press conference that the US Federal Reserve is not allowed to own Bitcoin, and confirmed that they "do not plan to change the laws" to allow this.
💡 This surprising statement casts a shadow over the market and raises major questions about the future of digital currencies, especially after the severe bleeding witnessed by the markets today
❓ What does this statement mean?
1️⃣ It may reflect the reservations of government institutions about accepting digital currencies as part of the traditional financial system.
2️⃣ It opens the door to broader discussions about the need to develop new laws to integrate digital currencies into the economy.
3️⃣ It puts more pressure on Bitcoin to prove its worth as a digital asset that is not affected by government policies.
📉 Markets are bleeding: Digital currencies are experiencing a major shock after this statement, and Bitcoin is witnessing a noticeable decline amid a state of anxiety and tension.
🔑 The golden opportunity in times of decline, opportunities are created and the smart investor is the one who exploits these moments wisely. This shock may be the beginning of a new recovery after absorption
✍️ Follow our page Wealth Pulse to get accurate analyses and distinctive investment opportunities amid this volatility. The market makes the rich in times of crises. Are you ready?