#PowellWatch – why it's trending 🚀
📣 The Key Fact: According to Investopedia, the "Powell watch" has concluded with a very positive outcome. In his speech, the Fed Chair, Jerome Powell, indicated the possibility of rate cuts, adopting a "dovish" tone that boosted the markets.
📈 The Social Pulse: The market reaction has been euphoric. The drop prior to the speech has turned into a massive rally. The sentiment in Binance Square has shifted from fear to greed, with BTC (-1.42%) and ETH (-0.07%) recovering all the lost ground and more.
💡 Why it's trending: Powell's speech was the macroeconomic event that changed the game this week. The hashtag now groups conversations about the impact of his words, which have triggered the #CryptoRally and #ETHBreaksATH.
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⚠️ Remember that each person makes their own investment decisions and this content does not represent financial advice.
