#PowellRemarks
Jerome Powell’s recent remarks have once again stirred the crypto markets. As the chairman of the Federal Reserve, his comments on economic policy and interest rates always attract strong reactions from investors. This time, Powell’s slightly dovish tone hinted at a possible pause or future decrease in interest rates, which brought some optimism back to the markets. Bitcoin and altcoins showed a mild upward movement following the speech. Events like this are crucial for short-term traders watching sentiment-driven moves. Powell’s words ripple across global markets, including crypto. The BTC/USDT pair responded with an uptick, showing how sensitive price action can be to macroeconomic signals. Keeping an eye on Fed news and interest rate projections can give traders an edge when dealing with pairs like BTC/USDT.