#PowellRemarks

1. Crypto regulation call

On June 2, during his opening remarks at the Fed’s International Finance Conference, Powell emphasized that the “crypto chaos needs control.” He advocated for clear, robust regulation to protect investors and legitimize the sector .

2. Hawkish tone post‑FOMC

At the June 18 press conference, while keeping rates at 4.25–4.50%, Powell warned that inflation remains persistent and that tariffs are beginning to push up prices .

He noted that although short-term measures of inflation eased, “tariff increases this year are likely to push up prices and weigh on economic activity,” emphasizing the Fed must stay vigilant .

3. Impact on crypto markets

Bitcoin dropped briefly below $104k following his remarks, though it rebounded slightly later .

Crypto markets showed heightened volatility, with traders interpreting Powell’s cautious tone as risk-off, but analysts remain split—with some anticipating a mid‑term bullish rebound .