๐ข Powellโs Speech Tonight โ Which Coins to Watch on Binance? ๐ฅ
The US Fed is expected to keep interest rates unchanged, but a 25bps cut is hinted for September. This news can strongly affect risk assets โ and crypto is at the front line!
Hereโs what to keep an eye on:
๐ธ BTC/USDT โ Main mover. High volatility expected.
๐ธ ETH/USDT โ Often follows BTC but reacts faster on major news.
๐ธ SOL/USDT, AVAX/USDT, MATIC/USDT โ High beta altcoins likely to spike with volatility.
๐ธ USDT pairs โ Safe-haven stablecoins may get volume rotation based on USD strength.
๐ก Tip:
If the speech sounds dovish (rate cuts coming soon) โ bullish for crypto
If it's hawkish (rates high for longer) โ possible drop
โ ๏ธ Scalpers and short-term traders, prepare for fast price swings.
Set alerts, manage risk โ donโt trade blind in this news-driven volatility!
#Binance #Powell #FOMC #BTC #ETH #CryptoNews #Scalping #Altcoins