๐ข Fed Holds Rates Steady โ Bitcoin Shrugs
The US Federal Reserve kept interest rates unchanged at 4.25%โ4.5%, just as markets widely expected. Over 98% of Polymarket bets predicted todayโs pause โ and they were right.
While markets look ahead to the September FOMC, where the odds of a cut are rising, political pressure is mounting.
๐บ๐ธ Donald Trump, never one to stay silent, ripped into Fed Chair Jerome Powell earlier today:
โSo, we have a stupid person... heโs costing the country a fortune.โ
โEurope had 10 cuts and we had none.โ
Despite the noise, Bitcoin remains unfazed, holding steady around $104,200.