📰 Why Bitcoin & Ethereum Dropped After the Fed Rate Cut 💥
Khan3223
Updated at: 7 hours ago
{"content":"📰 Why Bitcoin & Ethereum Dropped After the Fed Rate Cut 💥
Everyone anticipated a pump after the Fed cut rates — but BTC andETH plunged instead.
Here’s the reason: during the press conference, Powell stated:
> “Don’t expect another rate cut soon.”
Markets had already priced in the October cut, so his cautious tone spooked investors. Less liquidity ahead meant less money for risk assets, triggering a quick crypto sell-off.
💡 In short:
- Rate cut was already priced in
- Powell’s warning dampened bullish sentiment
- Fewer future cuts = reduced liquidity = crypto pullback
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