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Powell's Latest Speech: What It Means for Crypto Markets šŸšØ

Fed Chair Jerome Powell just spokeā€”and the crypto world is listening. Here's the TL;DR and why it matters for your bags šŸ‘‡

šŸ”‘ Key Takeaways:

šŸ“‰ Interest Rates:

The Fed is holding steady at 4.25%ā€“4.5%. Powell signaled ā€œwait and seeā€ modeā€”more data needed before any policy shifts.

šŸ’¼ Labor Market:

U.S. jobs report still looking strong. Unemployment low, job growth stable = no imminent recession vibes.

šŸ”„ Inflation Watch:

Cooling, but not quite there yet. Powell said progress toward 2% is ā€œuneven,ā€ with tariffs adding short-term pressure.

šŸ’„ Crypto Impact:

šŸ“ˆ Bitcoin Jumped +4% right after the speech, on hopes that rate cuts may be back on the table in the near future.

šŸ˜Ž Sentiment Shift:

A softer Fed tone could give risk assets like BTC and ETH room to run. Expect more bulls if inflation stays in check.

šŸ§  Final Word:

Powell didnā€™t open the floodgates, but he cracked the door. Keep your eyes on CPI data, Fed minutes, and macro signals. The next big crypto leg could be closer than you think.

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