Bitcoin price action remains turbulent after the FOMC meeting, with Powell's mixed comments on inflation and employment stirring uncertainty.

The market managed to hit a correction to test the support zone at 4160-70.

Imbalances in the Chinese economy have both deflationary and inflationary outcomes.

The Fed will begin purchasing Treasury Bills to expand its balance sheet by $40 billion a month and provide the markets with liquidity.

Available indicators suggest that economic activity has been expanding at a moderate pace.

Bonds surged, and stocks advanced as the Federal Reserve implemented its third consecutive interest rate cut.

Oracle shares dropped over 11% in premarket trading after the company missed cloud revenue estimates and announced plans to raise AI infrastructure spending to $50 billion annually.

EUR/USD remains bid near two-month highs at 1.1700, favored by US Dollar weakness.