#PowellRemarks
The latest #PowellRemarks sent ripples through the crypto market once again. Chairman Jerome Powell emphasized the Federal Reserve’s continued cautious stance on interest rate cuts, citing persistent inflation concerns.
This kind of macroeconomic outlook often causes volatility in Bitcoin and other digital assets as investors adjust risk exposure. Tight monetary policy typically strengthens the dollar, leading to downward pressure on crypto prices.
However, long-term holders often view such corrections as accumulation opportunities. These remarks serve as a reminder that central bank policy still significantly affects decentralized markets, even in the age of DeFi.