Following the Federal Reserve’s (Fed) announcement to maintain interest rates, President Trump’s recent remarks on tariffs and trade negotiations with China triggered a market downturn. Bitcoin prices fell sharply after Trump’s refusal to discuss reducing Chinese tariffs. This uncertainty has further impacted cryptocurrency markets. Meanwhile, Fed Chairman Jerome Powell held a press conference to outline economic policy moving forward. [Key insights from Powell’s address are available here: **[Link]** ] Key takeaways include continued concerns about unemployment and inflation, with the potential for increased rates in the coming months. Despite the Federal Reserve maintaining interest rates, the Fed highlighted risks associated with unemployment and inflation, potentially leading to a more cautious outlook on future economic activity.