#BTCBackto100K The market expected something, anything. A hint, a nod, a loose phrase that would allow projecting what the U.S. Federal Reserve (Fed) will do with interest rates for the remainder of the year.

But Jerome Powell, the Fed chair, spoke and said nothing. Or rather, he said a lot without saying anything. His speech was timid, lacking conviction, predictable, and more like a chatbot than the president of the most influential central bank in the world.

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There was no rate cut, as expected. There were also no signs that one is approaching. But there were also no signs that one is not approaching. "Wait and see" remains the Fed's monetary policy. Powell reiterated that decisions will be made meeting by meeting, and that everything depends on the evolution of inflation and employment. Clichés, neutral, worn-out phrases. At this point, listening to Powell is like listening to the same audiobook on repeat.

And yet, bitcoin rises. While Powell spoke — or mumbled his ambiguity with technical manners — the price of bitcoin (BTC) began to climb. And this Thursday, it again touched 100,000 dollars.$BTC