#PowellRemarks Here is a post of 110 words for Binance Square on the topic of #PowellRemarks:
🗣 #PowellRemarks: The markets held their breath
Today's statements by Fed Chairman Jerome Powell shook the markets again. He confirmed: inflation is still above the target, which means it is too early to lower the rate.
📉 Reaction?
– Bitcoin reacted with a short-term pullback
– Stock indices fell
– USDT dominance increased amid profit-taking
Powell made it clear: the labor market is strong, and the Fed will act cautiously. This adds uncertainty for crypto investors, especially against the backdrop of expectations for easing policy.
💡 What to do?
In turbulent conditions, many are moving to stablecoins, BNB, and ETH as protective assets.
Stay tuned: one word from Powell could cost the market billions.
#CryptoNews #BTC #FOMC #Fed #BinanceSquare