#鲍威尔发言 Does Not Rescue the Market

Powell's speech early this morning was straightforward: Don't expect the Federal Reserve to rescue the market because Trump changes every day! This is Powell's most hawkish statement in recent months. After Powell's speech, the Nasdaq Composite fell sharply by 3%, and tech giants averaged a drop of 5%; ETH plummeted from 1612 to 1530, and BTC dropped from 85500 to 83250. However, Powell pointed out in his speech that cryptocurrencies are gradually becoming mainstream, and regulation on stablecoins may be relaxed, which is clearly a positive for the crypto space.