Jerome Powell warned that inflation remains a threat, but acknowledged that the risk to employment is increasing 😬💼
👉 In simple words: the FED could stop rate hikes or even prepare for cuts later on.
💸 What does this mean for cryptos?
If rates go down ➡️ more liquidity, weaker dollar, and assets like Bitcoin can take off 🚀
If they keep them high ➡️ the market cools down and the whales take advantage of the calm to accumulate 🐋
For now, the speech leaves a signal: the era of high rates could be coming to an end... and the crypto market knows it 😉 $BTC
BTC
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ETH
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+0.39%
BNB
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+2.00%
