#PowellRemarks

Jerome Powell's speech on April 16, 2025, had a significant impact on the cryptocurrency market, particularly on the price of Bitcoin $BTC.

🔹Powell stated that the Fed is in no rush to lower interest rates due to persistent concerns about inflation.

🔹He also emphasized that the current strength of the U.S. allows the Fed to act cautiously.

🔹These comments suggest that interest rates may remain elevated longer than expected.

🔹Following Powell's speech, the price of Bitcoin #bitcoin experienced fluctuations, briefly declining. This is due to the fact that higher interest rates may make risky assets, such as Bitcoin, less attractive to investors. The cryptocurrency market is very sensitive to statements from the chairman of the U.S. Federal Reserve.

🔹Powell's statements reflect the current macroeconomic situation in which the Fed is trying to balance combating inflation and supporting economic growth.

🔹The words of the chairman of the U.S. Federal Reserve have a significant impact on all financial markets.

🔹It is important to note that the cryptocurrency market is very volatile, and its price can be influenced by many factors.