#PowellRemarks

📉 Powell’s Remarks Today Shake Crypto Markets

Federal Reserve Chair Jerome Powell delivered a hawkish tone at today’s FOMC press conference, warning that inflation risks remain elevated and hinting a “hawkish pause” despite expectations for two rate cuts this year . Crypto markets reacted cautiously—Bitcoin held around $104k, trading in a tight range, while altcoins saw mixed moves . Powell emphasized that tariffs could drive inflation, delaying any rate easing . In summary, his remarks kept crypto in a risk-off mindset, limiting upside momentum and inducing a wait‑and‑see stance among traders.