#PowellRemarks

Jerome Powell, the Chair of the Federal Reserve, stated that inflation remains above the target despite some relative slowdown. This statement sent a clear message that interest rates will stay elevated for longer than expected, leading to strong fluctuations in cryptocurrency and stock markets.

The markets reacted immediately, with the DXY dollar index rising, while currencies like BTCUSDT experienced temporary selling pressure before recovering as new liquidity entered.

Powell confirmed that the Fed will continue to rely on data, and any interest rate cuts are contingent on a clear and sustained decline in inflation. These signals push investors towards caution and encourage hedging through stablecoins or digital gold like Bitcoin.