🔍 Quick summary:
The statements from Federal Reserve Chairman Jerome Powell are making financial markets nervous again. His firm tone on the need to keep rates high for longer to control inflation has triggered an immediate reaction in risk assets... and yes, Bitcoin is in the line of fire.
📉 What did he say exactly?
"Inflation remains a concern. We are not where we want to be yet."
That phrase was enough to:
Strengthen the dollar 📈
Generate sales in stocks and cryptocurrencies 📉
Unleash an increase in market volatility 🌀
💥 Impact on cryptos:
After the statements, BTC briefly fell below $XX,XXX, while ETH also showed weakness. Strong movements are observed in mid-cap altcoins, where many traders are taking advantage of the drop to seek discounted entries.
🧠 What should you watch for?
Key supports: Bitcoin near critical technical levels.
Volume and sentiment: increase in risk aversion.
Economic calendar: there are still statements from other FED members this week.
🚨 Conclusion:
Powell's message is clear: the battle against inflation is not over. This means that markets will continue to react strongly to every word. It's time to stay alert, manage risk, and seek smart, not impulsive, opportunities.
#PowellRemarks #BinanceAlphaAlert $BTC
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