đš ATTENTION, CRYPTO TRADERS! The Fed is keeping the entire market on edge: rate hike on the horizon or still a cut coming? đđ
David Rosenberg, founder of Rosenberg Research, just dropped a bombshell on X: Fed Chair Jerome Powell stated at the post-meeting press conference that ânothing is ruled out, but a rate hike right now is NOT the base case for the next move.â
But hereâs the twist â the freshly released, heavily scrubbed FOMC minutes seem to hint at something different!
So who do we trust? Powellâs words⊠or the carefully edited official minutes? Analysts are losing their minds: âDo we fade the Chairman or do we fade the scrubbed-down FOMC minutes?â
For crypto this is pure hype fuel:
If the hawkish side wins â more pressure on BTC & ETH, possible dip
If Powell is right and cuts are still in play â get ready for the next bull leg with lower rates! đ
How will this drama impact your trades? Drop your thoughts in the comments!
Trade smart and catch every move on Binance!
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