#市场调整後的机会？ Powell's remarks caused the Nasdaq Composite to plummet by 3.61%, nearing its largest drop in recent years. Moreover, Powell's hawkish statements did not stop there! He specifically criticized the cryptocurrency sector, stating that the Federal Reserve cannot hold Bitcoin. This caused Bitcoin to drop by 5% as well, it’s just too bad.

This is a hard market crash, and no one could predict what he would say; it was truly a disaster, affecting not only retail investors but even Wall Street could only stand there and take the hit.

The main reason for this crash is that Powell indicated there wouldn't be many interest rate cuts next year, possibly only two, leading to declines across various assets.