Powell came out to speak, and his tone softened. The market immediately erupted—many people guess that interest rates will be cut in September! What do you think happened? The crypto market surged on Saturday, and market sentiment quickly shifted from 'a bit fearful' to 'super greedy'!

Moreover, some insiders revealed that the co-founder of Axie Infinity specifically mentioned that Ethereum (ETH) is the most sensitive to interest rate changes; once the news of rate cuts emerged, it reacted faster than anyone else!

However, not everyone is so optimistic. The president of the St. Louis Fed, Bullard, stated that we need to observe the rate cut situation further; we can't rush it. But there are already many people in the market itching to act: as long as Powell hints at a rate cut, the crypto market is likely to continue rising!

In short, the entire cryptocurrency space is now watching every move of the Federal Reserve; a single word from the big players makes the market tremble. Do you also feel that this market is becoming more and more exciting?