Jerome Powell Speech Shakes Up BTC Volatility & Defi Surge

The latest speech by Jerome Powell, Chairman of the US Federal Reserve, on April 16, 2025, immediately affected the global financial markets, including Bitcoin and the DeFi sector. Highlighting economic uncertainty, runaway inflation, and cautious monetary policy, Powell caused a wave of uncertainty in the market. Bitcoin was immediately pressured, and the DeFi sector was hit by a surge in liquidations.