Bitcoin #BTC After yesterday's Fed meeting, there hasn't been much change in the current price, which is still holding at the $97k mark.
Basically, Powell's tone still suggests that there will be a rate cut this year, but not at the moment, as the U.S. economy is still stable... And the indicators regarding inflation and unemployment are not yet strained to the point that the Fed must cut rates immediately.
We will continue to monitor those indicators in the next 1-2 months.
The market heavily depends on the Fed cutting rates because that is when Bitcoin and Altcoins have the opportunity to attract capital flows, and Altcoins can then have the chance to rally.
#Bitcoin #BTC #Ethereum #ETH #SOL #SUI #APT #SEI #ZK #ZRO #PEPE #ONDO #STRK #OP