Why did $BTC Bitcoin still fall sharply after the interest rate cut?

Mainly because of Powell

Bitcoin was defeated in a few words:

1️⃣ The Fed has no intention of participating in "hoarding coins"

2️⃣ Slow down the rate cut next year, from 100 to 50;

3️⃣ Raise inflation expectations, lower unemployment expectations, or hint that the rate cut will slow down #美联储放鹰