The Federal Reserve breaks its iron rule, and the anti-rate cut big shots are out. The reason for Bitcoin's rise has been found.
All 12 regional presidents were supposed to remain, but only the Atlanta regional president was removed—he was a staunch opponent of the rate cut decision!
It should be noted that this position is held for five years, and there has never been a precedent for changing personnel to maintain policy stability.
After the news broke, Bitcoin instantly rebounded from 89000, and the path to rate cuts next year seems to have become a bit easier.
BTCUSDT
Perp
90,312.1
-2.34%