#PowellRemarks How will Jerome Powell’s latest remarks shape the crypto market?

In his recent address, Fed Chair Jerome Powell hinted at the potential delay in interest rate cuts, citing persistent inflation concerns. As expected, both traditional and crypto markets responded with caution. Bitcoin’s volatility spiked following his speech, while altcoins like ETH and SOL dipped slightly.

Do Powell’s words still have as much power over crypto sentiment as they used to? Or are investors becoming more resilient and independent from macroeconomic cues?