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๐Ÿฆ Federal Reserve Update & Bitcoin Surge! ๐Ÿš€


The Fed just cut interest rates by 0.25%, bringing the target to 4.5%-4.75%. Chair Jerome Powell called it a โ€œrecalibration,โ€ not a full shift, signaling caution despite strong GDP growth (2.8% in Q2) and robust consumer confidence. ๐Ÿ’น


๐Ÿ“ˆ Impact on Markets


Bitcoin ($BTC): Jumped to $76,990, up 1.2% in 24 hours ๐Ÿ”ฅ




Stock Markets: S&P 500 +0.8%, Nasdaq +1.5% ๐Ÿ“ˆ




Market Outlook: December rate cut is not guaranteed โ€“ traders remain watchful ๐Ÿ‘€




โš ๏ธ Investor Takeaways


Positive short-term momentum, but caution is key




Keep an eye on economic indicators like employment & inflation




Bitcoin gains reflect market optimism but Fedโ€™s cautious tone tempers expectations




$BTC

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