Bitcoin experienced some pullback in the evening, hitting a low of $96,595.33. Currently, the price of the currency is stable around $96,500.

This shows that Bitcoin has experienced a wave of adjustments in the short term, but the price has now stabilized.

Powell's speech at 11 p.m. usually has a significant impact on the market.

Judging from historical data, the Fed’s policies and Powell’s statements have a significant indirect impact on the cryptocurrency market. For example, after the Federal Reserve cut interest rates by 25 basis points in December 2024, Powell's hawkish stance caused a sharp drop in Bitcoin prices.

If Powell sends a hawkish signal in his speech tonight (such as emphasizing inflation risks or maintaining high interest rates), it may lead to a stronger dollar, which in turn will put pressure on Bitcoin prices.

On the contrary, if its statement is dovish (such as suggesting a rate cut or loosening of monetary policy), it may have a certain positive impact on the cryptocurrency market. I will remind and lead the team to plan and enter the market! ! ! #比特币后市 #币安Alpha上新 #美国加征关税 #比特币国家战略储备