Why didn’t Bitcoin rally after the rate cut?

[chainsniff]

Crypto investors had been pricing in expectations of a continuous rate-cut cycle. Powell clarified that future rate moves will be data-dependent, which cooled market optimism and kept Bitcoin roughly flat.

[Rimon Khan]

Markets wanted a clear rate-cut path, but Powell stressing data-dependence put a lid on the hype. BTC staying flat says it all.

[Nahid Hossen]

Powell cooled the rate-cut euphoria Bitcoin holding steady shows traders are waiting for real data before making big moves. ️