#PowellRemarks
What Powell’s Speech Means for Crypto Traders (90 Words)
Fed Chair Jerome Powell’s Jackson Hole speech had big crypto implications:
1. “Higher Rates for Longer” – No rate cuts until inflation hits 2%. Leverage gets pricier—BTC dropped 2%.
2. “Data-Driven Policy” – Fed moves depend on inflation/jobs data (next CPI: Sept 13). Weak data could boost crypto.
3. “Soft Landing in Sight” – A recession might be avoided, encouraging big investors.
Binance Tips:
Hedge short-term with stablecoins
DCA into ETH/BNB if hikes pause
Use Binance’s Economic Calendar to stay ahead.