In the latest statements by Federal Reserve Chairman Jerome Powell, he stated that inflation is still high and its rate is far from the target, and that the time for a rate cut has not yet come. This statement led to a temporary reaction in the stock market as well as the cryptocurrency market, where the market witnessed: 1_ Investors resorting to stablecoins that represent stability and steadiness. 2_ The cryptocurrency market experienced selling pressure that led to a decrease 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 with a positive impact on the cryptocurrency market and others.