🚨🔥BREAKING News : 💥 Jerome Powell Canceled US $BTC Reserve🚨💥

1️⃣ Interest rates cut by 25 bps ✅ (Great news for crypto! 🚀)

2️⃣ Powell dismissed a Bitcoin reserve ❌ (Not so great for the market! 😞)

🔍 What Does This Mean for Crypto?

A 25 bps cut eases crypto-related risks 💸. Powell emphasized, "We regulate banks, not crypto directly" 💬, signaling less immediate regulatory pressure for the market.

🌍 Europe’s Stance:

The European Central Bank (ECB) raised alarms ⚠️ on crypto risks, highlighting issues like excessive leverage, lack of transparency, and conflicts of interest 🚧.

📊 Market Outlook:

❖ 2025 Target Rates: Expected to drop to 400 bps 📉 — This is bullish for crypto 💥!

❖ World Liberty Financial Holdings: Holding $65M in ETH & WBTC 💎 — Signaling strong confidence in the market!

❖ Recent Market Dip: Seen as an emotional shakeout 🤯. Weak hands have been cleared, setting the stage for new All-Time Highs (ATH) 🔝.

❖ $277M in liquidations indicate a major market shakeout before a possible rally 🚀.

In summary: The 25 bps rate cut is good for crypto, while Powell's comments on Bitcoin reserves are less favorable 😬. Europe’s warning on crypto risks adds caution 🌍, but a reduction in 2025 rates suggests a positive future for digital assets 💪.