#PowellRemarks

#PowellRemarks refers to Federal Reserve Chair Jerome Powell's statenments that significantly impact cryptocurrency markets, particularly Bitcoin. Powell recently signaled uncertainty about the economic outlook and interest rates, warning that higher prices are coming The White House creating market volatility for risk assets including crypto. Powell has maintained a cautious stance on cryptocurrency regulation. He noted that he cannot own bitcoin himself and that the Fed's role in regulating bitcoin and its competitors is limited The Washingto... . However, Powell's comments have previously dented bitcoin's value, especially regarding the Fed's inability to hold bitcoin Bloomberg More recently, Powell suggested that crypto stablecoins "may have a big future" Reuters