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Steve Ⓜ️
@stevebeachy
There are a lot of people freaking out right now about Jerome Powell’s statement on Wednesday and the market is reacting. 🤨 "We’re not allowed to own Bitcoin. The Federal Reserve Act says what we can own, and we’re not looking for a law change," Powell said. "That’s the kind of thing for Congress to consider, but we are not looking for a law change at the Fed." Jerome Powell ⚠️⚠️⚠️ Do not be confused ! A lot of people took this to mean that there will not be a bitcoin strategic reserve ! ⚠️⚠️⚠️ The funding for the strategic reserve would not come from the Federal Reserve but instead would come from the US Treasury. The Treasury’s core responsibility is to safeguard the nation’s financial stability, fund government operations and foster economic growth. Mr Powell can regulate interest rates as needed , but can not stop the bitcoin strategic reserve ! 🤓🤓🤓
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Viktoria 🎩🔵🎭Ⓜ️
@vito4ka.eth
Here comes the negative news! The correction was inevitable - the markets are reacting to Powell's statement, and the Christmas holidays are still ahead, which traditionally bring their own volatility😉
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Inga
@girl-ua
Hello dear Steve, thanks for interesting cast, the market has already reacted negatively, but I hope next week the market will recover ☀️ ❤️
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Alex45
@sa45
He just decided to ruin everyone's New Year's Eve mood! Meanwhile, M.Saylor will buy Bitcoin )
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Silver Queen
@sq567
Good morning sweet friend 💕 Happy Friday
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Yana 🎩 🔵 🎭 Ⓜ️
@yana2203
while Powell manages interest rates, he doesn’t have authority over the Treasury’s strategic decisions. Stay calm and think critically! 🧠
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Tati 🎩🔵
@pliskot
Nice cast ear friend! Thank you for sharing 🙌
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rose🎩🔮🍖
@rosekeyes
Powell always has a strategy to buy bitcoins at low prices🤣💰
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purpleheartcl.base.eth
@purpleheartcl
🎭
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