#PowellRemarks

#PowellRemarks shakes the market again, what did the Fed Chairman say?

$BTC

BTCUSDT

perpetual

104,149.9

-0.53%

In his latest public statements, Jerome Powell, the Chairman of the Federal Reserve, indicated that inflation remains above the target despite some relative slowdown. This statement sent a clear message that interest rates will remain high for longer than expected, leading to strong volatility in cryptocurrency and stock markets.

The markets reacted immediately, with the DXY dollar index rising, while cryptocurrencies like BTCUSDT experienced temporary selling pressure before recovering with new liquidity entering the market.

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

The smart trader is now monitoring upcoming economic data such as consumer price indices and employment figures, as they will determine the market's next direction in light of Powell's statements.

The opportunity lies in intelligent analysis and quick reactions to market variables.