#PowellRemarks Fed Chair Powell delivered key messages—here’s the simplified crypto takeaway:

**1. “Higher Rates for Longer”**

- The Fed won’t cut interest rates until inflation drops to 2%.

- *Impact*: Leverage just got pricier. Traders borrowing USD to buy crypto could face tighter margins. BTC slipped 2% after the speech as risk sentiment cooled.

**2. “Data Will Drive Policy”**

- Future rate moves hinge on upcoming job and inflation reports (next CPI: Sept 13).

- *Crypto reaction*: Weak data could pump crypto (markets expect a softer Fed), while strong numbers might pressure BTC further.