#ReboundRally 📉 Bitcoin falls amid negative comments from the head of the Federal Reserve about the formation of a BTC reserve in the United States
According to him, the regulator cannot organize the storage of cryptocurrency now, since this would require a change in the current legislation.
💡 The initiative proposed by Trump could push the crypto market to growth, since the project is capable of supporting the positive dynamics of BTC through active purchases.
Hints from the Federal Reserve that the initiative is unlikely to be implemented are, on the contrary, a bearish signal.
💬 Powell shared these comments against the backdrop of another meeting, during which a decision was made to reduce the key interest rate by 25 bps - to 4.25-4.5% per annum.