new drama👀

FOMC MINUTES JUST DROPPED -- AND THEY’RE WAY MORE CHAOTIC THAN MARKETS EXPECTED.

⚖️ The Fed is deeply divided - some wanted a 50 bps cut, others wanted no cut at all.
🌫️ They admit they were operating in a “data fog” because key reports were delayed during the shutdown.
🔥 Inflation is still “uncomfortably high” for several members, so they pushed back against easing too fast.
🛑 Powell doubled down on “not on a preset path,” signaling December is not guaranteed.
📉 Futures immediately priced lower odds of a December cut after the release.

When the Fed is confused, markets get shaky. When liquidity expectations get uncertain, traditional assets hesitate.

Markets are now pricing in a December no rate cut - which means expectations are finally aligning with the Fed’s tone. Less guesswork, less drama… and a clearer runway for Bitcoin to do its thing once the dust settles. 👀 $BTC

{spot}(BTCUSDT)