#PowellRemarks : Cryptos Put to the Test of Monetary Policy 🏦**

The latest statements from Jerome Powell, Chairman of the Fed, paint a mixed picture for cryptos. Breakdown in 3 key points.

### 🔍 **Key Announcements**

• Maintaining high interest rates

• "Data-dependent" approach for 2024

• Caution on inflation despite recent decline

### 📉 **Crypto Impact**

→ **Bitcoin**: -5% after the speech (retest of $60k)

→ **Altcoins**: Amplified correction (ETH -8%)

→ **Stablecoins**: Increase in volumes (flight to stability)

### 💡 **3 Possible Scenarios**

1️⃣ **Status quo**: No major blow if inflation continues to decline

2️⃣ **Unexpected rise**: New pressure on risky assets

3️⃣ **Surprise easing**: Crypto rally in case of pivot

**💬 In your opinion:** Is the Fed the main obstacle to the massive adoption of cryptos? 👇**