In a landmark statement at the Jackson Hole Economic Forum, Federal Reserve Chair Jerome Powell surprised markets by recognizing the legitimacy and longevity of digital assets. 📈
🗣️ “Digital assets, especially those with strong use cases, are here to stay. Regulation should encourage innovation, not hinder it.”
📢 Translation: That’s as close to a greenlight as it gets from the Fed.
💥 Highlights:
* ✅ Powell acknowledges crypto is not going away
* ✅ Advocates for pro-innovation regulation
* ✅ Points to CBDCs & stablecoins as future financial tools
* ✅ Signals a softer stance on digital assets
🚀 Immediate Market Reaction:
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$BTC BTC jumped +3.5%
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$ETH ETH rallied past \$3,400
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$SOL SOL, \$AVAX, \$XRP surged in volume
* Altcoin dominance rose by 1.2%
📊 Why It Matters:
Powell’s words mark a psychological shift in U.S. policy tone. As the most influential central banker, his recognition boosts crypto's credibility.
🔮 What This Could Trigger:
* Faster spot ETF approvals
* Institutional FOMO
* Renewed faith in DeFi and Web3
⚠️ Bottom Line:
Crypto just got a powerful nod from the Fed. This could be the start of a new bull cycle.
💬 Your move: Is this the signal we've been waiting for?
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#CryptoMomentum #PowellOnCrypto #DigitalAssets #BullRun2025 #CryptoMarket