#PowellRemarks
Jerome Powell’s remarks always have a major impact on both traditional and crypto markets. His recent comments on inflation and interest rate policy are no exception. As expected, any hint of dovishness tends to pump risk assets, while hawkish tones trigger sell-offs. Today’s Powell remarks hinted at a potential pause in rate hikes, which pushed BTC and other altcoins up. It’s important to stay updated with every Fed announcement, especially when trading on leverage. The market often reacts before you have time to think. So I always double-check the economic calendar and Powell’s speech timings before entering new positions.