📣 Powell’s Mic Drop Stirs Crypto Chaos! 👀
Federal Reserve Chair Jerome Powell just shook the crypto world, and here’s how Binance users are reacting…
1️⃣ 📉 Powell dropped a hawkish tone on rate cuts—Bitcoin dipped below $100K (hovering around $94K on Binance) and triggered futures liquidations of over $850M on major exchanges 😮💥
2️⃣ ⚖️ He reminded markets that the Fed cannot hold BTC per the law—leaving any shift up to Congress—not the Fed 🏛️📜
3️⃣ 🏦 On the bright side, Powell said banks can serve crypto clients if they manage risks—that softened the blow for ETH, BNB & more 💼🌿
4️⃣ 🌐 Binance clarity: the exchange flagged a sharp spike in volatility and liquidations tied to Powell’s statement 📊🔥
5️⃣ 🔍 Community reaction is split—some see an opportunity in dip-buying, others are bracing for more rate-driven swings… watch this space! 💹⏳
