Bitcoin (BTC) continues to be the focal point of global investment community attention as statements from Fed Chair Jerome Powell and the vision of elected President Donald Trump create strong volatility in the cryptocurrency market.
Fed Chair Asserts: 'We Are Not Allowed to Own Bitcoin'
In a recent press conference, Fed Chair Jerome Powell stated: 'The Fed is not allowed and has no intention of owning Bitcoin.' This marks the Fed's clear stance on cryptocurrencies, as the market awaits new monetary policies from the U.S.
Powell also emphasized that any decision regarding the U.S. government's holding of Bitcoin would depend on Congress. However, he committed that the Fed would continue to maintain a tightening monetary policy, reduce the amount of treasury bonds, and control the money supply.
President Trump: The Supporter of Bitcoin
Contrary to Powell's views, elected President Donald Trump has shown strong support for Bitcoin. He is committed to promoting policies that help the U.S. lead in the cryptocurrency space and even proposed establishing a National Bitcoin Reserve Fund.
This perspective has brought new hope to investors, especially as the market anticipates Trump will introduce more Bitcoin and blockchain-friendly policies.
Market Volatility: Opportunity or Risk?
After Powell's statement, Bitcoin's price dropped more than 5% in a few hours, falling below $100,000. However, expectations for the 'Trump effect' quickly pulled Bitcoin's price back up, increasing nearly 50% since the election.
These fluctuations show the significant influence of monetary policy and the views of American leaders on Bitcoin and the global crypto market.
Bitcoin Investment Strategy for 2025
With Powell's prediction that 2025 will be a booming economic year, along with Trump's support for Bitcoin, this could be a great opportunity for the cryptocurrency market to enter a strong growth cycle.
Investors holding BTC are advised:
Maintain Confidence: The cryptocurrency market always has unexpected crashes, but the long-term growth opportunities are significant.
Risk Management: If using leverage, always set a stop loss to protect your account.
Monitor Policies: Continuously updating on the actions from the U.S. government will help you make timely decisions.
Conclusion
Bitcoin is not just an investment asset, but also a symbol of the transformation of the global financial system. With the opportunities and challenges ahead, 2025 could mark a significant turning point for BTC and the cryptocurrency market.