The US Federal Reserve was expected to cut interest rates by 25 basis points, but Jerome Powell's statements negatively affected the crypto market. 📉 Powell stated that interest rate cuts in 2025 could be smaller and that the US is not allowed to own Bitcoin. This caused Bitcoin to fall from $ 105,000 to below $ 99,000. Altcoins were hit harder. Santiment stated that this decline could be an overreaction and that some altcoins could present a buying opportunity. 🚀