#PowellRemarks 🔥 #PowellRemarks : The words that move Crypto! 🔥

Jerome Powell's speeches are crucial moments. Here’s how his statements can influence the crypto market:

* "We remain committed to bringing inflation back to our 2% target."

* Impact: A firm tone on inflation suggests higher or sustained rates for a long time. Generally negative for risk assets like Bitcoin, as money becomes more expensive.

* "The disinflation process is underway, but there is still a way to go."

* Impact: A signal that inflation is slowing could be seen as positive, hinting at future rate cuts, which would favor crypto.

* "Monetary policy is well positioned to respond to economic data."