#PowellRemarks Powell reinforced a cautious and data-dependent tone, without a firm commitment to immediate cuts. This generates short-term pressure on cryptocurrencies, but also keeps the possibility of future rebounds open, especially if monetary fundamentalists shift to a more relaxed stance. Furthermore, his previous comments support the long-term legitimization of the crypto sector in banking and fintech.
🔥 Crypto market reaction
Expected volatility: Uncertainty about the trajectory of rates will generate significant movements in cryptocurrencies and risk assets.
Short-term bearish pressure: A more cautious tone may lead to a drop in crypto prices if monetary tightening continues.
Opportunities in altcoins: If rate cuts materialize later, the market could regain momentum and attract speculative investment.