#BTCOutlook

The price of Bitcoin plummeted and the cryptocurrency market in general corrected after the Federal Reserve's aggressive stance on inflation in 2025.

The price of Bitcoin fell to $100,300 following the Fed's rate cut and Powell's new inflation outlook for 2025.

Market update

Bitcoin and the cryptocurrency market in general fell after the Fed announced a 25 basis point reduction in its benchmark policy rate and indicated that fewer rate cuts than initially planned could occur in 2025.