📣 Powell Remarks: Crypto on Edge Again! #PowellRemarks
Fed Chair Jerome Powell delivered a firm tone this week—holding interest rates steady (4.25–4.50%) but warning inflation risks and calling for clearer crypto regulation . Bitcoin held above $104K, though altcoins showed mixed movement as markets digested the “hawkish pause” .
He underscored that cryptocurrencies need consistent regulation, signaling intention to cooperate with Congress to set stable frameworks . No rate cuts yet—U.S. dollar remains firm, risk assets like crypto stay volatile.
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What this means for you:
🔹 Short-term traders: Expect sharp price swings. Watch for volatility spikes.
🔹 Investors/HODLers: Stay steady—regulatory clarity could boost confidence long-term.
🛡 Strategy tip: Use tight stop-losses and guard for sudden macro updates.
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💬 Your call:
👉 Will you ride the volatility and trade now?
👉 Or prefer to wait for clearer policy signals?
Drop “🔥TRADER” or “🧘HOLD” below! Let’s hear your strategy! ⚖️
#Binance #TradersLeague #CryptoVolatility