📅 Date: July 22, 2025

🗣️ Speaker: Jerome Powell, Chairman of the U.S. Federal Reserve

📍 Event: Capital Framework Conference, Washington D.C.

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🧠 Key Outcome from Powell’s Speech

❌ No change in Fed policy.

⚖️ Fed remains cautious, watching inflation before any rate cuts.

🏦 Focus was on bank regulations, not monetary easing.

📉 No dovish signals, no timeline for stimulus or rate cuts.

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🧨 How This Impacts Crypto

1️⃣ No Rate Cuts = No Fresh Liquidity

Crypto needs easy money to rally.

Powell didn’t give any hints of upcoming rate cuts → short-term pressure on BTC and alts.

2️⃣ Political Uncertainty Adds Risk

Trump’s comments about replacing Powell if elected are shaking confidence.

Investors don’t like unknowns → risk-on assets like crypto feel the heat.

3️⃣ ETF Outflows = Bearish Signal

BTC ETFs saw net outflows today.

That’s institutional money stepping back → could lead to short-term dips.

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🔮 Market Reaction So Far

📉 BTC fell below $117K

📉 ETH, SOL, BNB showing weak follow-through

⚠️ Altcoins like PENGU and OM seeing scalp trades, not strong trends

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✅ TL;DR

Powell kept things steady – no help forp for buet

Crypto market is in wait-and-see mode

dingect volatility as macro and political stories unfold

Exp

Loa