Once again, statements from Jerome Powell, the Chairman of the U.S. Federal Reserve, shake both the financial and cryptocurrency markets. When Powell speaks, markets listen carefully, as his words often indicate upcoming monetary policy directions.

In his latest remarks, Powell hinted at the possibility of high interest rates lasting longer than expected, which put clear pressure on crypto markets, with Bitcoin and Ethereum dropping significantly right after his speech.

The connection between monetary policy and the crypto market has become stronger, making it essential for any digital trader to follow Powell's statements.

⏳ Do you think the Federal Reserve will move towards monetary easing soon? Or will inflation keep interest rates high?

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