The Fed Just Quietly Confirmed A Huge Bitcoin And Crypto Price Game-Changer
Bitcoin dropped sharply following the Federal Reserve’s second consecutive interest rate cut, with traders balking at surprisingly hawkish comments from chair Jerome Powell (even as traders brace for the “mother of all” Fed pivots”).
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The bitcoin price fell to around $108,000 per bitcoin before rebounding to just over $111,000, with a “death knell” warning putting the bitcoin price on the brink.
Now, as Tesla billionaire Elon Musk sets bitcoin alarm bells ringing with a surprise move, bitcoin and crypto analysts are betting a return of liquidity will propel the bitcoin price higher in the months ahead.
