📢 The Fed has downgraded economic forecasts — what about Bitcoin?
The Federal Reserve has raised its forecasts for unemployment and inflation for 2025 while simultaneously lowering its GDP growth estimate.
📉 What does this mean?
▪️ The U.S. economy will grow more slowly than expected.
▪️ Inflation will remain above target levels.
▪️ Markets may price in a more “hawkish” rhetoric from the Fed, which is negative for risk assets.
⚡ Reaction $BTC :
The price of Bitcoin is currently $84,400, and it continues to face pressure. The risks of tightening monetary policy may exacerbate sell-offs in the crypto market. However, if the Fed hints at easing in 2025, it could become a bullish signal in the long term.
📊 We are monitoring the dynamics and the Fed's decision on rates!
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