$USDC

Recent statements by Federal Reserve Chair Jerome Powell stir the cryptocurrency market! During his speech at the 75th anniversary of the International Finance section of the Federal Reserve, Powell referenced a data-driven approach, highlighting the resilience of the U.S. economy despite uncertainties. He suggested not to lower interest rates immediately, with the current range at 4.25%–4.50%, and warned that price jumps resulting from tariffs could impact inflation. Bitcoin (BTC) fell to $95,000 (-1%), while Ethereum (ETH) is at $3,850 amid mixed signals. Traders, watch for BTC support at $94,000 and ETH level at $3,800 for potential movements. Share your thoughts on Powell's impact below!