#PowellRemarks : What Did the Fed Chair Say — and How Did Crypto React?
Fed Chair Jerome Powell delivered his remarks following the latest FOMC meeting, and markets responded quickly.
🔻 Key Takeaways:
• 📉 Inflation is still "too high" — the Fed is in no rush to cut rates
• 📅 "September is still uncertain" — rate cut expectations are being delayed
• 📊 Labor market remains "strong," but signs of slowing are emerging
💥 Market Reaction:
• $BTC dipped below $103K but rebounded to around ~$104K
• $ETH is holding near $2500
• Altcoins are mixed: $SOL is slightly down, while $AERO continues to outperform
💡 What Does This Mean for Traders?
A pause in rate cuts may temporarily cool risk assets. But if macro data softens — crypto might get its second wind.
🧠 Advice: Don’t rush. Powell’s words are a signal, not a conclusion. Upcoming data (inflation, unemployment) will offer clearer direction.
🗣 How do you interpret the Fed's current tone?
🔘 Hawkish?
🔘 Cautiously neutral?
🔘 Ready for a pivot?