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Crypto Prune > Market > Powell Tomba Bitcoin Price… Again
Market

Powell Tomba Bitcoin Price… Again

6 months ago 1 Min Read

The US Federal Reserve’s not cutting interest rates was nothing new. The market was hoping that these charges would remain intact and that they would have happened in the end.

But yes, investors were hoping that Fed President Jerome Powell would give him an optimistic speech or hope for a timer for the rest of 2025.

But that’s not the case. Powell gave the same speech every month. This can be summarised as follows: Interest rates are reduced when the conditions for that reduction are given (not entirely clear).

With the hopes of investor decissist, Bitcoin (BTC) prices usually benefit from interest rate reductions. This has already happened before.

As can be seen in the graph below provided by TrainingView, Bitcoin has “collapsed” at the time of this publication, citing about $116,000 after falling from USD 118,000.

But not everything is lost in Bitcoin. The digital currency created by Nakamoto Atoshi is not “Fed dependent” and can probably recover quickly as usual.

Additionally, Cryptootics reports that international tariff news is known this Friday (or perhaps earlier). If these are advantageous for global trade, I also benefit from unstable assets such as Bitcoin, cryptocurrency, and behavior.

See also  Blofin arrives at Blockchain Rio 2025 as a titanium sponsor with exclusive raffles
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