The FED has kept interest rates unchanged at a range of 4.25% to 4.50% after three consecutive rate cuts. Jerome Powell, FED chair, said that the policymakers are in no hurry to adjust their policy stance, which has been ‘significantly less restrictive.’
Unemployment rates have also stabilized at lower levels during the past few months, and labor market conditions look strong.
Even better, Powell’s stance seems pro-crypto. He claimed banks can offer crypto services to customers, which is a bullish signal few people expected.
This could shine bright on new crypto projects looking to onboard new users and introduce them to crypto. Projects like the Best Wallet Token, a token lying at the foundation of one of the most beginner-friendly crypto wallets today.
Why Was 2025’s First FOMC Meeting Crypto Hawkish?
Powell said that the committee is willing to wait for strong indications, backed up by data, that inflation has cooled down before adjusting rates again. The FED has maintained its target of 2% inflation.
However, it was Powell’s remark on crypto that caught a lot of eyeballs. ‘Banks are perfectly able to serve crypto customers as long as they can understand and service the risks,’ he said.
Interestingly, this is in sharp contrast to the ‘debanking’ stance followed under the Biden administration. Banks and financial institutions used to deboard crypto startups and businesses for no apparent reason. If they failed to do so, they were subject to regulatory harassment.
The US Senate Banking Committee is set to investigate the whole debanking fiasco come February 5. Frank Chaparro, an early Bitcoin investor, had called the appointment of Trump as the POTUS the end of four years of ‘terror’ and ‘harassment.’
Plus, thanks to Powell confirming a policy shift towards crypto banking, Bitcoin saw a sharp upmove, crossing the $105K mark. It’s now just below that level and around $4K from its all-time highs of ~$109K.
Powell also said that the FED is in a ‘wait and watch’ mode regarding new Trump policies. With the regulatory winds shifting to a pro-crypto direction, it’ll be interesting to see how the FED handles this.
That said, one thing is certain: these next four years can turn out to be a golden period for crypto investors.
If you, too, want to tap into the crypto economy’s potential and aim for millionaire status in 2025, then you must identify high-potential tokens that are not only fundamentally strong but also have a positive market hype.
One such crypto is Best Wallet Token ($BEST).
What Is Best Wallet Token ($BEST)?
Best Wallet Token ($BEST) is the proprietary meme coin of the Best Wallet App, a decentralized, multi-chain, multi-wallet, non-custodial crypto wallet.
The wallet currently sits on a 50% month-on-month user base growth rate and aims to capture a whopping 40% of the non-custodial crypto wallet market by the end of next year.
You can take part in Best Wallet’s growth story by investing in the $BEST presale. All token holders get early access to meme coin presales (i.e., when they’re at Stage 0) before they’re opened up for the general public.
This way, you can become one of the first investors in promising assets, meaning you’ll be able to get the maximum return if/when the coin skyrockets after listing. Moreover, you’ll also benefit from reduced transaction fees on the Best Wallet App.
$BEST is currently in presale, where it has already raised $8.6M so far. Currently available at $0.0238 per token, the next price increase happens in less than two days from now, so this is possibly the lowest you’ll ever get $BEST for.
Why Can $BEST Be the Next 100x Meme Coin?
Unlike other tokens that rely on hype and sentiments to derive value, $BEST delivers real utility to token holders.
As Best Wallet gains more users (the non-custodial crypto market is likely to surge to $3.5B by 2031) and coughs up profitable financial results, its proprietary token $BEST will undoubtedly benefit the most.
Furthermore, if Best Wallet manages to fulfill its promise of grabbing 40% of the market, the $BEST token can become one of the most sought-after meme coins in the entire crypto economy. This makes it one of the best crypto presales to buy now for 100x returns.
More good news is that the project’s developers seem to have a long-term vision, as they have reserved 25% of the total 100B tokens for product development and 35% for marketing. This confirms a broad commitment to develop the token over time.
Verdict
With regulatory support and Trump (who has promised a Bitcoin supremacy) as their aide, crypto investors have every reason to be super bullish. Analysts and experts predict a sustainable bull run in 2025. If you don’t want to miss out on this opportunity, Best Wallet Token ($BEST) can be your best bet.
Apart from intrinsic value, the token gives exclusive access to presales on the Best Wallet App and lower transaction costs.
However, crypto markets are subject to volatility and shifting sentiments. This is why you must do your own research before jumping in. Additionally, none of the above is a substitute for financial advice.
