#PowellRemarks
*💼 #PowellRemarks: How Do the Fed's Statements Impact the Crypto Market?
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The speech of **Jerome Powell**, President of the FED, always sets the tone for the markets. After his latest intervention, we analyze the effects on cryptocurrencies:
### 🔍 **Key Points of His Statements**
✅ **Monetary Policy**:
- Maintaining interest rates (**5.25%-5.50%**) in the short term.
- Possible cuts in **2025**, depending on inflation data.
✅ **Focus on Inflation**:
- Powell emphasized that the fight against inflation **is not over yet**, which could maintain risk aversion.
### 📉 **Impact on Crypto**
▪ **Bitcoin**: Immediate reaction with volatility (+/- 3%) during the speech.
▪ **Altcoins**: Sensitive to changes in risk appetite (e.g. ETH, SOL).
▪ **Stablecoins**: Increased use if the dollar shows weakness.
### 💡 **Tips for Traders**
🔹 **Monitor the CPI**: next key data to anticipate movements.
🔹 **Stop-Loss Orders**: Protect your positions against volatility.
How do you prepare your portfolio for these statements? 👇 I read you below in the comments