Bitcoin price drops to $100.3K after Fed rate cut and Powell’s revised 2025 inflation outlook
Bitcoin price sold off, and the wider crypto market corrected following the Federal Reserve’s hawkish 2025 outlook on inflation.
Bitcoin and the wider crypto market sold off as the Fed announced a 25 basis point rate cut to its benchmark policy rate and signaled that fewer rate cuts than initially planned could take place in 2025.
Following Fed chair Jerome Powell’s post-rate cut presser, Bitcoin price dropped 4.6% to $101,300, while Ether fell 5.96% to $3,600.
Although market participants had anticipated a 0.25% rate cut, which ticks a box for most traders with bullish price expectations, Powell’s indication that only two more rate cuts would occur in 2025 raised eyebrows. Adding to what some traders view as a hawkish outlook, the Fed committee also raised their 2025 inflation outlook from 2.1% to 2.5%.
The slight shift in perspective essentially takes into consideration upcoming policy changes by the incoming Trump administration, which is expected to roll out tariffs on imported goods, potential mass deportation of millions of undocumented workers and economic policies that could expand the deficit.
Get to know Godleak
Godleak crypto signal is a service which provide profitable crypto and forex signals. Godleak tried to provide you signals of best crypto channels in the world.
It means that you don’t need to buy individual crypto signal vip channels that have expensive prices. We bought all for you and provide you the signals with bot on telegram without even a second of delay.
Godleak crypto leak service have multiple advantages in comparision with other services:
- Providing signal of +160 best crypto vip channels in the world
- Using high tech bot to forward signals
- Without even a second of delay
- Joining in +160 separated channels on telegram
- 1 month, 3 months , 6 months and yearly plans
- Also we have trial to test our services before you pay for anything
For joining Godleak and get more information about us only need to follow godleak bot on telegram and can have access to our free vip channels. click on link bellow and press start button to see all features
Join for Free
☟☟☟☟☟
https://t.me/Godleakbot
Also you can check the list of available vip signal channels in the bot. by pressing Channels button.
In the presser, Powell emphasized that the re-calibration of Fed policy is a signal that the central bank is ready to adjust its policy to the needs of the US economy.
Regarding Bitcoin price shorter-term projections, crypto analyst Skew said the drop in BTC cleared “positioning” in “both ways,” as longs were stopped out and “shorts closing in profit.”
Bitcoin price fell into a block of bids in the $100,000 to $98,000 zone, and the analyst said that reclaiming the $100,000 to $101,400 zone via spot bidding would be essential before the daily candlestick close.
