62643192041

In the latest statements from Federal Reserve Chairman Jerome Powell, he mentioned that inflation remains high and the rate is far from the target, and that it is not yet time to lower interest rates.

This statement led to an immediate reaction in the stock market as well as the cryptocurrency market, where the market witnessed:

1_ Investors resorting to stablecoins that represent stability and solidity.

2_ The cryptocurrency market experienced selling pressure that led to a decline in the prices of some cryptocurrencies.

3_ Investors turning to strong and supported currencies.

There is great hope that the next meeting will have decisions that positively impact the cryptocurrency market and others.

28976550621

73113742986