In the early morning, the Federal Reserve's interest rate decision did not result in any unexpected outcomes. It aligned with all market expectations of a 25 basis point rate cut, which led to Bitcoin continuing its downward trend. Key statements from Powell prompted significant declines in U.S. stocks, gold, and Bitcoin. #FederalReserve #BTC #ETH #SOL #RateCut

……………………………………………

First: It signaled that there might only be two rate cuts next year, which changed previous expectations of four cuts by 2025.

Second: The aim is to maintain a neutral interest rate, as they believe the U.S. economy is strong and does not require continuous rate cuts to achieve inflation moderation. It will take one to two more years to reach the 2% inflation target, while also considering how tariffs affect inflation (which aligns with new policies).

Third: A key point is the statement regarding Bitcoin reserve policy, which differs slightly from previous assertions. The Federal Reserve does not allow and has no intention of holding Bitcoin; strategic reserves are a matter for the Treasury to consider.

More amusingly, Trump's son has felt the sensation of being trapped in the crypto circle for the first time, which is quite cool. Nobility and commoners alike, who can escape this?

#QEN #BTC #ETH #SOL #RateCut