#BTC
Analysis of Interest Rates and the Future of Bitcoin
Connor Sephton, journalist in London, reports that the Federal Reserve has cut interest rates to their lowest level in three years, although 25% of members voted against it. Donald Trump, dissatisfied with this decision, hoped for a larger reduction. Following this announcement, Bitcoin briefly reached $94,000, but quickly fell, hovering around $90,000.
Uncertainty remains regarding the Fed's future decisions, with Jerome Powell suggesting few cuts to come. Trump's choice of Powell's successor could influence monetary policy, raising concerns about the Fed's independence. The forecasts for Bitcoin in 2025 are disappointing, with banks lowering their price estimates. The growth outlook now relies more on ETFs than on direct purchases.