The recent remarks by Jerome Powell are once again creating ripples across global markets, and crypto is no exception. With the U.S. interest rates expected to stay higher for longer, risk-on assets like Ethereum ($ETH ) are feeling the pressure. However, $ETH continues to show resilience due to its growing ecosystem and widespread adoption. While short-term volatility may increase, long-term prospects for $ETH remain bullish, especially with Layer 2 scaling and institutional staking gaining traction. As Powell’s tone shifts, ETH often responds swiftly—so it's crucial to track macro commentary closely when planning trades or entries.
