Why The Crypto Market Dumped? ๐Ÿ“‰๐Ÿ”ป

โžข #FedRateCuts estimates down to 2 in 2025 (earlier it was 3)

โžข Jerome Powell hints towards restrictive monetary policy (less printing, fewer rate cuts).

โžข The #fed 's main goal is still 2% inflation, which can only be achieved through high interest rates.

Overall, #Powell crashed the market ๐Ÿ˜•๐Ÿ“‰