#FOMCMeeting

**🏦💰 #FOMCMeeting Shocker: Fed Holds Rates But Drops Hawkish Bombshell – Crypto Markets Rollercoaster**

Jerome Powell just sent mixed signals that left traders scrambling:

🔥 **Key Takeaways:**

• **Rates held at 5.25-5.50%** (as expected)

• **QT slowing begins June 1** ($25B/month down from $60B)

• But... **Powell rules out 2024 rate cuts** ("Inflation too stubborn")

**Market Reaction:**

- $BTC **dumps to $63K** then bounces to $67K in minutes

- S&P 500 **erases 2024 gains**

- Dollar Index (DXY) **surges to 106**

- Fed futures now price **just ONE cut by December**

💬 **Is this the pause before the crypto plunge?** Sound off! 👇 #Bitcoin #Macro