#PowellRemarks
๐๐ฌ Powell Remarks โ Crypto Market Impact ๐ฅ๐
Fed Chair Jerome Powellโs recent post-FOMC comments shook the crypto market, causing a wave of short-term volatility. ๐ Although the Fed held interest rates steady, Powellโs hawkish tone raised concerns about lingering inflation and possible delays in rate cuts. ๐ฆ๐ฌ Bitcoin briefly dipped below key support, while Ethereum and XRP mirrored the drop.
But the big players are unfazed. ๐๐ผ BlackRockโs Bitcoin ETF saw massive inflows, and Ethereum whale accumulation reached its highest since 2017. ๐ Institutional investors are buying the dip, signaling confidence in a continued bull run. ๐๐ฐ
Analysts say this could be a golden opportunity to accumulate both large-cap and promising low-cap assets. ๐๐ช
