#PowellRemarks No Fed Savior, Crypto Goes Mainstream!

Federal Reserve Chair Jerome Powell dropped some truth bombs at the Economic Club of Chicago on April 16, 2025, shaking up markets and crypto alike. He warned that the Fed won’t swoop in to save markets amid volatility from Trump’s tariff shifts, while hinting that cryptocurrencies are “becoming mainstream” with potential easing of stablecoin rules. What’s the impact on sentiment? Let’s unpack it. 📉

Powell’s no-“Fed put” stance—rejecting automatic market rescues—spooked investors, with Bitcoin dipping 1.5% to $83,700 and the S&P 500 sliding 2%. His caution on Trump’s tariffs, which could spike inflation and slow growth, adds uncertainty, especially after BTC’s $84,877 hold. Yet, his nod to crypto’s rise and support for stablecoin legislation (a bill may hit Trump’s desk soon) signals optimism, per X posts (@theparadiselive). ETH ($2,400) and SUI ($2.30) could gain if bank rules loosen.

Sentiment Check: Bearish on tariffs, bullish on crypto regulation. Traders, stay nimble—scalp BTC dips (buy $83K, sell $85K) and watch CongressTradingBan for market cues. What’s your vibe? 💬