🧠 #PowellRemarks : What did the FED say and how does it affect cryptocurrencies?
📣 Jerome Powell, chairman of the Federal Reserve, reiterated today that:
🔸 Inflation remains more resilient than expected
🔸 There will be no rate cuts "until we see clear improvements"
🔸 The labor market is still "strong but moderate"
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🪙 What does this mean for the crypto market?
📉 BTC and ETH reacted with slight declines following the comments
💵 The dollar strengthened and risk assets (including altcoins) lost momentum
👀 Traders are waiting for clearer signals in the next FOMC
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🔎 Summary for investors:
✅ High rates are maintained for a longer period
⚠️ Lower liquidity = downward pressure on volatile assets
📊 Opportunity to accumulate at support (with risk management)
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💬 Do you think the FED is holding back the crypto market?
Share your opinion 👇
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