The Fed chairman indicated today that inflation is declining faster than expected. The statement raised the alert for a possible rate cut as early as this quarter, which excited the markets right from the early hours of the day.
If confirmed, the movement could benefit risk assets like bitcoin ($BTC) and ether ($ETH ), as lower interest rates generally increase investors' appetite for alternative assets.
In the crypto market, the signal was immediately felt: altcoins like avalanche ($AVAX ) and chainlink ($LINK ) started the day with slight appreciation. It is a good time to stay alert for potential strategic entries.
#BTC #ETH #AVAX #LINK #CryptoToday
