#PowellRemarks 📢 Powell’s Remarks Shake the Markets: BTC Reacts Swiftly 💥

Federal Reserve Chair Jerome Powell recently made statements that sent ripples through the crypto world. While he reaffirmed a cautious stance on interest rate cuts, Powell emphasized data-driven decisions and acknowledged persistent inflation concerns.

🪙 Bitcoin (BTC) felt the pressure immediately, with market sentiment turning cautious. After climbing steadily in recent days, BTC showed volatility following Powell’s comments, as traders speculated on the Fed’s next move.

🔍 Powell’s key points:

No rush to cut interest rates 📉

Inflation still "too high" 📈

Economy remains strong, but risks are present ⚠️

💡 What this means for BTC:

Hawkish Fed = stronger dollar = pressure on BTC 🧊

Risk assets like crypto could face short-term headwinds

Long-term holders still remain unfazed 🚀