🔥Bitcoin and the Federal Reserve: What’s Really Happening?
Today, the market for the #Criptomonedas is booming with a #bitcoin returning to the $118,000 dollar zone. This growth is largely due to the recent decisions by the Federal Reserve of the United States to maintain interest rates, despite an initial setback; now we see that the #inversores feel more comfortable taking risks with this data.
But not everything is calm at the central bank. Although the majority of the committee decided not to change rates, President Donald #TRUMP has been pushing for a reduction. Additionally, two committee members even joined him, suggesting a small decrease.
Federal Reserve Chairman Jerome Powell did not yield to Trump’s pressure, but he did leave the door open for a possible cut in September, if inflation and employment data allow it.
So, what does all this mean for investors? The future of Bitcoin and other cryptocurrencies remains an exciting mystery. As we approach the Federal Reserve's September meeting, all eyes will be on the economic reports. If the interest rate is lowered, we could see an even greater increase in the cryptocurrency market.
Will Bitcoin continue its upward path and break new barriers, or will changes in economic policies cause it to stumble?
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