#PowellRemarks $USDC
Jerome Powell's speech, the Chairman of the U.S. Federal Reserve, always has a significant impact on financial markets, especially in the cryptocurrency markets. When he talks about lowering or raising interest rates, expectations begin to shift immediately, as interest rates are one of the most important tools of monetary policy that affect liquidity and the cost of borrowing. Powell's recent statements have opened the door to the possibility of a rate cut in the near future, which has positively reflected on Bitcoin prices and cryptocurrencies in general. This type of speech enhances volatility in the markets and provides investors with important signals regarding the direction of the U.S. economy, thus necessitating close monitoring and continuous analysis of any change in the Federal Reserve's tone.