FOMC Recap: Mixed Signals, Bullish BTC
Powell acknowledged progress on inflation — finally some good news.
But then came the caution:
Inflation concerns due to tariffs
Stagflation fears with negative GDP
No urgency for rate cuts
Market response?
BTC pumped.
Bond yields dumped.
Why? The market still believes 3 rate cuts are coming in 2025.
Alts? Not yet.
We might need to wait longer for the altcoin season,
but BTC looks ready to lead the way.