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  1. Home
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  3. Why didn’t Bitcoin rally after the rate cut?

Why didn’t Bitcoin rally after the rate cut?

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  • chainsniffC Offline
    chainsniffC Offline
    chainsniff
    wrote on last edited by
    #1

    07c8621f-15e6-46b6-a561-42ccfbd35f05-image.png
    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.

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    • J Offline
      J Offline
      jacson4
      wrote on last edited by
      #2

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

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      • Nahid10N Offline
        Nahid10N Offline
        Nahid10
        wrote on last edited by
        #3

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

        1 Reply Last reply
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