There are rumors that Fed Chairman Powell will resign. Powell will appear on camera tomorrow. Investors are obsessed with Powell's statements.
Powell's statements clearly affect global markets and the cryptocurrency market. According to Fed reports, there is a view that inflation risks are increasing. Powell's statements may fit into this context. The growing tension between China and the US increases these risks.
If Powell makes negative statements, a decline will be inevitable. Bitcoin may be at a good point, at US$ 105.000, but we must also say that it remains below the trend.
We assert on all occasions that our optimistic sentiment continues. The future of cryptocurrencies is bright. Ethereum remains strong. Ethereum's strong stance will strengthen altcoins.