#PowellRemarks

📢 Powell's latest statements... How do they affect crypto?

In his latest speech, Federal Reserve Chair Jerome Powell confirmed the continued caution in monetary policy, noting that inflation remains above target levels, and that "it is too early to talk about a near-term interest rate cut."

💸 These statements pressured the stock markets, while cryptocurrencies remained relatively stable, amid expectations that investors may return to crypto as a hedge against tightening monetary policy.

📊 Investors are now monitoring upcoming economic data... Every word from Powell moves the market.