#PowellWatch

🏦 Federal Reserve Update & Bitcoin Surge! 🚀

The Fed just cut interest rates by 0.25%, bringing the target to 4.5%-4.75%. Chair Jerome Powell called it a “recalibration,” not a full shift, signaling caution despite strong GDP growth (2.8% in Q2) and robust consumer confidence. 💹

📈 Impact on Markets

Bitcoin ($BTC): Jumped to $76,990, up 1.2% in 24 hours 🔥

Stock Markets: S&P 500 +0.8%, Nasdaq +1.5% 📈

Market Outlook: December rate cut is not guaranteed – traders remain watchful 👀

⚠️ Investor Takeaways

Positive short-term momentum, but caution is key

Keep an eye on economic indicators like employment & inflation

Bitcoin gains reflect market optimism but Fed’s cautious tone tempers expectations

$BTC

#Bitcoin #BTC #Crypto #FederalReserve #FedRateCut #CryptoNews #Blockchain #InvestSmart