BTC BACK TO 100k

Leading up to the recent Fed meeting, opinions were mixed. Some anticipated a rate cut ✂️, others feared a potential hike 📈, but the majority expected no change at all ➖. This consensus likely contributed to the market's calm behavior, minimal volatility and a steady trend.

However, a wave of optimism swept through when Fed Chair Jerome Powell spoke. He reassured markets by stating that the economy remains resilient and is holding up well 💪. According to Powell, the Fed’s current stance is simple: before considering any rate cuts, they just want to “watch and wait”  to ensure inflation stays in check and the economy continues on solid footing.

These comments sparked a renewed sense of confidence in the markets. Investors took this as a green light, interpreting Powell’s words as a sign that rate cuts are still on the table — just not rushed.

As a result, risk-on sentiment returned, and bullish momentum is back in play. One of the biggest beneficiaries? Bitcoin. The king of crypto has now #BTCBreaks99K surging with strength and looks poised to reclaim the $100,000 mark once again 🚀🟠.