đŸ”„Bitcoin Surges to $98K as The Fed Freezes Rates AgainđŸ”„

“No rate cuts? No problem—Bitcoin’s still mooning.”

“Trump yells ‘cut it!’—Powell shrugs, BTC pumps anyway.”

📈 Market Moves:

Bitcoin jumped over 2% in the past 24 hours, climbing back to $98,700, after the Federal Reserve held interest rates steady at 4.25%–4.50% for the fourth consecutive time on Thursday (May 8).

👀 The Fed’s Reasoning:

Despite mounting pressure from U.S. President Donald Trump to slash rates, Fed Chair Jerome Powell stood firm, citing ongoing economic uncertainty. He emphasized that any future decisions would remain data-driven.

📱 Powell’s Statement:

“We’ll continue to use our tools to maintain price stability and support maximum employment,” Powell said, making it clear that political pressure won’t shake the Fed’s independence.

💡 TL;DR:

Trump: “Lower rates now!”

Powell: “We’ll think about it later.”

Bitcoin: “Cool story bro, I’m going up.”

“When Powell says ‘no cut’ but BTC hits $98K anyway.”

“Trump’s interest rate request got left on read.”

“Fed’s holding rates tighter than your friend holds his seed phrase.”

🎯 CTA:

👉 Is Bitcoin front-running the Fed?

👉 Drop your $BTC target below & follow for macro-fire + crypto chaos.

#Binance #bitcoin #CryptoNewss #Write2Earn #InterestRates

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