🚀 Bitcoin Hits $98K as Fed Holds Rates Steady Despite Trump Pressure
#Bitcoin reclaimed $98K for the first time in nearly 3 months after the Fed kept interest rates unchanged at 4.25%-4.5%. The decision came despite Trump's recent threats to fire Fed Chair Powell over delayed rate cuts.
Powell cited inflation risks & declining sentiment due to trade policy concerns but emphasized the economy remains strong. BTC briefly dipped below $96K before rebounding sharply.
Spot #BTC ETFs have seen $4.41B inflows since late March, while the Crypto Fear & Greed Index returned to "Greed" territory.
#Crypto #Fed