Fed Chair Jerome Powell announced a 25 bps rate cut, lowering the federal funds rate from 4% to 3.75% amid rising unemployment and weak job growth. 📉

The move sent crypto markets into chaos, with over $300M in liquidations within minutes — a sharp reminder of how sensitive digital assets remain to central bank policy.

While easier rates could boost risk assets long-term, macro uncertainty like a potential U.S. government shutdown still looms large.

$BTC $ETH $BNB #FOMCMeeting #MarketPullback #BinanceHODLerMorpho

BTCUSDT

Perp

70,342.8

+1.06%