During the last post-FOMC press conference (June 18, 2025), Jerome Powell adopted a cautious yet firm tone regarding financial stability 📉. He emphasized that geopolitical shocks, such as tariffs on imports and Iran-Israel tensions, risk driving up prices 📈. According to him, these uncertainties are hindering the momentum for a more accommodative monetary policy, which keeps pressure on cryptocurrencies like Bitcoin 🎯.
Powell specified that it is necessary to monitor the trajectory of macroeconomic data (inflation, employment) before revisiting the monetary strategy 🔍. This message triggered immediate volatility in cryptocurrencies: Bitcoin briefly fell below $104,000 before bouncing back to nearly $104,800,622,273,332.03💥.
He also warned that shifting to a more dovish stance will depend on tangible signs of persistently low inflation ⚖️. In summary: caution remains in order, inertia persists… and cryptocurrencies continue to navigate a volatile environment reactive to the Fed's rhetoric 💼🌪️.
