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That's how it is. The Federal Reserve just kept interest rates unchanged at the last meeting led by Powell. You know, when everyone seemed to expect some movement, but in the end, the status quo remained. This creates an interesting situation for the crypto market.
Powell is leaving, and that's a significant moment in itself. His final decision to keep rates unchanged appears to be an attempt to avoid creating unnecessary volatility before the transition of power. But honestly, for many, it looks like a black picture of uncertainty. No one knows how the new leadership will act.
For those watching the market, this means that the coming weeks will be about anticipation. Monetary policy remains on hold, so focus will shift to other factors. Geopolitics, corporate news, market sentiment—all of these will become key.
Cryptocurrencies react to such decisions in their own way. Stability in rates can be positive for risky assets, but the uncertainty during the transition of power creates that very black picture for long-term planning. It will be interesting to see how the situation unfolds further and how the new chair will reshape the Fed's approach.