#PowellRemarks – What They Mean for Crypto
Jerome Powell just made waves again. The Fed Chair reiterated that they’re not rushing to cut interest rates because the economy remains strong. On the surface, that might sound like good news—but for risk assets like crypto, it can get tricky.
Bitcoin responded like it usually does: volatile. After Powell’s comments, we saw a sharp 3% dip, a clear sign that markets are still hypersensitive to rate talk. Yet, on other occasions, BTC has climbed when Powell struck a more balanced tone.
As of today, BTC is holding strong around $83,400. But one thing’s clear: Fed decisions and Powell’s words still move the needle in crypto markets. If you're in the game, it pays to stay tuned in.
