Agungtars

#FOMCMeeting The Post-FOMC Crypto Jolt! What's Next? 📉📈 The latest FOMC meeting just wrapped, and wow, did the market get a jolt! The Fed announced another 25 basis point rate cut, bringing the federal funds rate down to 3.75\%-4.00\%. Usually, lower rates mean a green light for risk assets like crypto, as investors look for higher returns outside of traditional savings. However, the real drama came from Fed Chair Jerome Powell's press conference. His remarks suggested a much more cautious and data-dependent path forward—less "dovish" than some bulls hoped. This "less-aggressive" stance quickly led to a shake-out. Right after the news, we saw significant short-term volatility. Bitcoin (BTC) and Ethereum (ETH), along with major altcoins, pulled back sharply. Why? Because the market had largely priced in the cut, and Powell's cautious tone reduced the excitement for a rapid series of future cuts. Traders who were heavily leveraged for a big, immediate rally were forced to liquidate, causing the temporary dip. But here’s the key: historically, a loosening of monetary policy (rate cuts) tends to be bullish for crypto in the long run due to increased market liquidity. We're now watching to see if the recent dip is just a temporary "flush-out" of over-leveraged positions before the long-term fundamentals kick in. The next big date is the December FOMC meeting. Stay sharp! 🧐 $BTC ##WriteToEarnUpgrade #UpdateAlert