#PowellRemarks | Market on Edge

Fed Chair Jerome Powell has once again taken center stage, delivering remarks that are rippling through traditional and crypto markets.

Key takeaways:

No rush to cut rates: Powell signals the Fed will remain data-dependent, waiting for clear signs of inflation heading to 2%.

Labor market still strong, but showing early signs of cooling.

Crypto markets react with caution—Bitcoin holds above key support as traders eye CPI data and upcoming FOMC meetings.

Why it matters:

Rate decisions influence risk appetite. Fewer or delayed cuts = stronger dollar = potential pressure on crypto assets. But prolonged inflation could boost Bitcoin's "digital gold" narrative.

Market mood:

BTC: Hovering near support

ETH: Sideways chop

DXY: Slight uptick

Stocks: Mixed

Your move:

Do you think the Fed is bluffing or just being careful?

Drop your thoughts below.

#CryptoNews #Bitcoin #FOMC #FedWatch #BinanceSquare