The U.S. Federal Reserve’s latest decision sent ripples across global markets on Thursday, with cryptocurrencies reacting instantly to Chairman Jerome Powell’s comments.
🔹 No Rate Hike… For Now
The Fed announced it would keep interest rates unchanged, offering temporary relief to markets. However, Powell’s cautious tone signaled that inflation remains a major concern, keeping investors on edge about future tightening.
🔹 Bitcoin Drops Post-Announcement
Immediately after the news, Bitcoin ($BTC) slipped as traders digested Powell’s statements. The leading cryptocurrency fell by over 2% to around $116,289, reflecting heightened nervousness across risk assets.
🔹 Altcoins Show Mixed Reactions
While some altcoins showed surprising resilience, others dropped sharply. This mixed performance highlights market uncertainty, with traders weighing inflation fears against the hope for a rate cut later in the year.
🔹 Inflation Remains in Focus
Despite no immediate rate hike, inflation worries persist. The Fed’s stance indicates potential further action if price pressures continue to rise, keeping crypto markets volatile in the near term.
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💡 Key Takeaways
📉 Short-Term:
Expect fast moves in crypto markets — both gains and losses are likely as traders adjust to Fed policy signals.
📆 Long-Term:
Many investors are watching Q4 for a possible rebound, especially if economic data softens and the Fed pivots to a more dovish stance.
🎤 Powell’s Impact:
Every speech by Fed Chairman Powell has become a market-moving event, as traders look for clues on the direction of monetary policy.
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🔥 Is Bitcoin ready to rise as a safe haven against inflation?
Or will continued Fed tightening keep pressure on the market?
👉 Share your views below a
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