#PowellRemarks Federal Reserve Chair Jerome Powell's recent remarks had a notable impact on global markets, including crypto platforms like Binance. Powell indicated a cautious stance on interest rate cuts, emphasizing that inflation remains above the Fed's target. This dampened investor sentiment, causing volatility across both traditional and digital assets. On Binance, trading volume spiked as traders reacted to the uncertainty, with Bitcoin and altcoins showing mixed performance. Powell's comments reinforced the Fed's data-dependent approach, suggesting any monetary easing will be delayed. As a result, crypto traders on Binance are now closely monitoring U.S. economic indicators for clues on future Fed policy shifts.