$XRP
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**Altseason Paused: Powell Throws Cold Water on the Party ๐ง**
Powell just rugged the market. The Fed delivered a **25bps rate cut** and traders celebrated โ until Powell followed it up with a chilling **โwait and seeโ**.
๐ The fallout:
* \$BTC slipped from **\$116K โ \$115K**
* Alts bled **3โ7%**
* **\$177M longs liquidated** in minutes
Meanwhile, the **Altseason Index** is still parked at **71/100**, but whales are quietly **stacking stablecoins** instead of chasing pumps.
โก The setup: More rate cuts could be the match that lights a true **altcoin supercycle**. But for now? Welcome to **Chop City**.