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Bitcoin Holds Steady as Fed Punts on Rate Cuts—Traders Shrug, Banks Wince
Bitcoin Holds Steady as Fed Punts on Rate Cuts—Traders Shrug, Banks Wince
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No surprises from Powell & Co.—BTC barely flinches as the central bank kicks the can down the road. Meanwhile, Wall Street analysts scramble to justify their ’soft landing’ fairytales.
Key takeaways:
- BTC volatility dips below traditional assets post-announcement (who said crypto was risky?)
- Fed’s ’higher for longer’ stance sparks gold rush into Bitcoin ETFs
- Banking sector quietly seethes as their 0% interest gravy train stalls—again
Bottom line: When the music stops on fiat monetary policy, crypto investors keep dancing. The real question? How many more ’data-dependent’ meetings before the Fed admits what the blockchain already knows.
BTCUSD. Source: TradingView
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