#Powell #crypto

🏛 Jerome Powell’s Speech: How Fed Chairman’s Words Affected the Crypto Market

Today, Jerome Powell spoke at the NABE Conference in Philadelphia, and his words immediately resonated in financial markets — especially in crypto.

💬 Key Takeaways from the Speech:

• 🔹 The end of tight policy is near — the Fed may soon complete its balance sheet reduction (QT).

• 🔹 Rates are still on hold, but decisions will be made “meeting by meeting” depending on new economic data.

• 🔹 The US economy is slowing — low hiring and a weaker labor market may signal that the rate hike cycle is effectively over.

💹 Crypto Market Reaction:

•$BTC briefly dipped below $112,000, but quickly stabilized as the market expects softer signals from the Fed.

•$ETH held above $2,500, and some altcoins even recovered — investors perceived the speech as a potential step towards restoring liquidity.

• If Powell is indeed leaning towards a “dovey” stance 🕊 — crypto could gain new momentum in the coming weeks.

🔎 What this means for us:

💡 Less tightening from the Fed = more room for risky assets.

And while stock markets are only watching the rhetoric, crypto is reacting faster — like a litmus test of investor sentiment.

📊 Summary:

Powell made no direct promises, but his tone is cautiously optimistic.

If inflation continues to slow, 2025 could be the year of the return of big capital to crypto.

🔔 Keep your finger on the pulse — a trend is forming now that will determine the market for the coming months.