Bitcoin Pumps 5% as Powell Blinks—Fed Freezes Rates at 5.25%
Wall Street’s ’wait-and-see’ mode sends crypto flying while traditional traders chew their ties.
### The Fed’s Standstill Gambit
No rate hike? No problem. Bitcoin bulls seized the FOMC’s paralysis as a green light, pushing BTC past $67K within minutes of the announcement. Meanwhile, bank stocks flatlined—because nothing says ’confidence’ like institutional investors parkouring between money markets and Xanax prescriptions.
### Liquidity On the Sidelines
With Jerome Powell effectively admitting the Fed’s out of ammo, that $8T in dormant institutional cash just got a lot more restless. Crypto OGs know the drill: when traditional finance hits snooze, digital assets wake up screaming.
### The Cynic’s Footnote
Funny how ’risk assets’ suddenly look tasty again when your bond portfolio yields less than a high-yield savings account at your local credit union. Thanks for nothing, monetary policy.
