#PowellRemarks The consensus: Powell struck a cautious tone on crypto’s outlook. His focus during the June 18 FOMC press conference remained on inflation and interest rates, with only a muted reference to tariffs—nothing to signal immediate easing. That restrained stance kept Bitcoin and Ethereum trading in tight ranges, even amid short-lived dips.
Powell’s hawkish patience isn’t crypto-hostil "it simply reflects macro prudence. Without clear signals of rate cuts, speculative assets like crypto stay range‑bound, flickering on inflation or tariff headlines. His comments offered no reprieve, and traders quickly recalibrated expectations. But absence of harsh regulation or belligerent rhetoric is also a plus"—crypto isn’t being targeted. Longer-term, stability in messaging and slower rate cuts could pave the way for renewed investor interest. In sum: short-term uncertainty persists, but steady policy and decentralization momentum provide a solid foundation for crypto’s next phase.