Alright.. the Fed decided to do a 25 bp cut. But..

Source: Investing.com

Jerome Powell, the chairman of the Fed, said there would likely be 2 rate cuts next year. I think the Fed is worried about the U.S. CPI rising again.

Anyways, it's not worse than I thought. Cause, the Federal Funds Rate has been gradually decreasing.

Source: Binance exchange

Nevertheless, BTC(Bitcoin) price temporarily dropped below $100k. I think this price correction would not last for a long time, and BTC price would rise again.

Source: Apollo

Has Wall Street sold BTC? No, they've been accumulating BTC. I assume their avg BTC purchase price is around $65k~$75k. It's not a double yet. If Wall Street sells BTC in this price, it will be ridiculous 😂