🔥Powell's Major Speech! Is the Crypto Market About to Change?🔥
💥Key Highlights:
* Mainstream Trend: Powell pointed out that cryptocurrencies are "gradually becoming mainstream" and may have the potential to become a "truly circulating reserve" asset.
* Regulatory Framework: He emphasized support for establishing a legal framework for stablecoins, indicating a shift in the Federal Reserve's attitude towards cryptocurrency regulation.
* Macroeconomics: Powell mentioned the economic uncertainty brought about by Trump's tariff policies, as well as the Federal Reserve's cautious monetary policy (slowing down interest rate cuts).
🚀My Analysis:
Old Powell's move has directly given the crypto market a shot in the arm! His recognition means that the door for institutional entry is about to open?💰
Short-term: BTC and ETH are expected to rise, but high interest rates and inflation are hidden dangers, and market volatility will increase!🎢
Mid-term: With the implementation of stablecoin regulation, compliant projects are set to take off! Institutional investors may go on a buying spree.📈
Long-term: Powell hinted that cryptocurrencies could become "reserve assets", which is a super positive sign! BTC aiming for $100,000, altcoins exploding, is not a dream!