#PowellRemarks The recent statements from Jerome Powell (Chairman of the Federal Reserve) are shifting the focus to interest rates and liquidity in the cryptocurrency market, rather than the conflict between Israel and Iran.

Powell indicated that rates will remain "higher for longer" as inflation continues above 2%, which means there will be no rate cuts soon. This stance is generating caution among investors, and crypto traders are preparing for tighter liquidity. High borrowing costs are leading leveraged traders to reevaluate their positions, and assets like $BTC and $ETH are remaining within narrow ranges.