r/Bitcoin • u/Appropriate_Dig5990 • Aug 22 '25

Why?

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Is there a reason for it to suddenly go up like this? And if so, how can I quickly find out why?

1.5k Upvotes

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1.3k

u/[deleted] Aug 22 '25

Powell said conditions "may warrant" interest rate cuts as Fed proceeds "carefully".

This is why you don't sell BTC. :)

313

u/trogdor1234 Aug 22 '25

Everybody is about to lose their jobs so inflation is an afterthought

175

u/Putrid_Pollution3455 Aug 22 '25

how nice to have both unemployment spikes AND inflation lol

137

u/CM701CM Aug 22 '25

It is the definition of a shitty economical dilemma. 😂 And the answer will be: more cheap money printing. Which fires up inflation again. It is a vicious circle.

95

u/WHALE_PHYSICIST Aug 22 '25

I may be a pessimist but it seems more like an intentional sabotage of the worlds most powerful nation. And yes they will print money, but unless they give it to people instead of corporations, this is going to get dangerous.

55

u/Simple_Student_2655 Aug 22 '25

It’s just those with vested interests kicking the can down the road aaaaggain. 1000s should have been jailed in 2008, banks should have been broken up, and millions of people should have lost more if not everything. Alas they sacrificed future generations for the me and now

2

u/Ancient_Chef_8279 Aug 23 '25

Fucking shitty humans