#FedHODL

The US Federal Reserve announced its interest rate decision this morning, and consensus has been reached to leave it unchanged in January. Then Powell spoke in a “hawkish” tone and somewhat twisted the facts, that BTC will compete all day around the level of 105,000, and this time there will be a fairly complete recovery from the decline. Although Mr. Powell took a “hawkish” stance on interest rates, he also sent a big potential signal in cryptocurrencies: allowing banks to provide services to crypto users! Although obtaining crypto services from banks requires a high level of difficulty, this means opening the door wide for ordinary individuals to enter digital money! This statement, compared to the previous cautious stance, shows that the Federal Reserve's attitude towards digital currencies has become more tolerant, and gives some positive signals to the crypto industry.