In the context of the US economy experiencing many complex fluctuations, the recent statements from the Chairman of the Federal Reserve (Fed), Mr. Jerome Powell, have become the focus of attention for the global financial community. Mr. Powell affirmed that the Fed is closely monitoring inflation indicators and is ready to take strong measures if necessary to ensure price stability.
This statement not only puts pressure on the stock market but also leads to strong fluctuations in the cryptocurrency market. The price of Bitcoin recorded a significant decline immediately after Mr. Powell's remarks, before showing signs of a slight recovery. This once again confirms the increasingly clear relationship between the Fed's monetary policies and developments in the crypto market.
As investors are increasingly interested in interest rates, inflation, and macroeconomic policies, every statement from the head of the Fed can become a catalyst for market fluctuations. In the current context, cryptocurrency investors need to be particularly cautious, closely monitoring the Fed's moves to make appropriate and timely decisions.
