President Trump has announced plans to create a strategic bitcoin reserve for the country and aims to make the U.S. a powerhouse in digital currency. However, he has yet to provide detailed information on what will be done.

Experts also point out that this plan will face strong opposition from the Fed. There is skepticism among experts regarding the monetary authority's stance on digital assets.

Chairman Jerome Powell has stated that the Fed is focused solely on regulating and supervising banks. He also emphasized that the Fed will not directly regulate digital currency.

Previously, investors anticipated that this agency would lower interest rates by a similar margin, so they focused on the monetary policy announcement and the Fed's press conference for clues about future operational trends.

"Economic activity continues to grow steadily. The unemployment rate is low, and inflation is rising moderately," the Federal Open Market Committee (FOMC) of the Fed remarked in a statement. They indicated that they would carefully consider upcoming data, both regarding prospects and risks, to make interest rate decisions.

This raises doubts about the Fed stopping interest rate cuts at the January 2025 meeting. Next year, Fed officials expect to cut interest rates only twice, by 25 basis points each time. They also raised the inflation forecast for the first year of President Donald Trump's term from 2.1% to 2.5%. This rate is higher than the Fed's 2% target.$BTC