๐ฅ The crypto market is bracing for impact as Bitcoin faces one of its most critical moments yet. After hitting an all-time high, BTC has slipped โ and traders are watching the Federal Reserve closely.
๐ Michael Saylorโs Strategy shook markets by changing fundraising rules to buy more Bitcoin, sparking fears of a potential "doom loop." With nearly 630,000 BTC worth $70B, the companyโs moves ripple across the entire market.
๐ All eyes now turn to Jerome Powellโs speech at the Jackson Hole Economic Symposium. A hawkish stance could push Bitcoin further down, while a dovish tone may trigger a relief rally.
๐ Despite the turbulence, some analysts believe Strategy might soon enter the S&P 500, bringing Bitcoin exposure to millions of Americans.