#PowellRemarks
🇺🇸 Bitcoin holds above $104–105K
After Powell signaled a “hawkish pause,” Bitcoin traded in a narrow range between $104,000–$105,000, reflecting uncertainty over interest-rate policy.
• Trading volume down ~15%
The crypto market cooled off, with trading volume dropping about 15% amid Fed uncertainty and geopolitical tensions.
• USD strength – negative for crypto prices
The Fed’s “higher‑for‑longer” stance bolstered the U.S. dollar; a stronger USD typically puts downward pressure on risk assets like crypto.
• Mixed altcoin performance
– Ethereum inched up to $2,488 (+0.7%)
– XRP held around $2.15
– Solana slipped about 1% to roughly $145
Trends & Strategies for Crypto Traders
1. Wait for consolidation
Use Bitcoin as your benchmark and wait for trading volume to return—this could be a short-term accumulation window.
2. Rotate into stablecoins/yield farming
In a high‑rate environment, yield‑generating products (e.g. USDC savings, staked ETH) offer more stable returns than simply holding coins.
3. Monitor U.S. CPI & PCE data
The next inflation prints will dictate when rate‑cut signals might emerge, potentially triggering renewed crypto inflows.
4. Diversify into high‑quality altcoins
Choose tokens with clear use cases and strong liquidity—like ETH and BNB—and trim exposure to lower‑liquidity coins to spread risk.
5. Watch geopolitical risks
Middle East conflicts can move oil and gold prices, which often correlate with risk‑off flows that impact crypto.