We can see how the market has been falling for the last hour and a half.
The question arises: for what reasons?
Today, the Fed lowered the rate once again, which was expected, but then the chairman of the Fed gave a speech in which he stated that some economic data does not please the Fed very much, so they assume that in 2025 the reduction will not be as aggressive as many expect, and in the end, he added the following:
: The Fed will not allow the purchase of BTC! According to U.S. laws, we are not allowed to hold Bitcoin, I don't think that will change.
And the market reacted to the corresponding statement. How quickly the market will be bought back, we will find out soon.
