๐ฃ๏ธ #PowellRemarks just dropped โ and the markets are listening closely ๐๐๐
Fed Chair Jerome Powellโs latest comments hint at a more cautious approach to rate cuts amid mixed inflation signals and election-year pressure ๐๏ธ๐.
๐ก What does this mean for crypto?
โข ๐ Continued uncertainty = more volatility for $BTC and alts
โข ๐ต A strong dollar could slow down institutional inflows
โข ๐ But any dovish pivot could send crypto soaring
The crypto market thrives on macro signals, and Powellโs tone can move billions in minutes. Smart traders arenโt just watching charts โ theyโre watching the Fed too ๐
๐ค How did you react to Powellโs latest statement?