#PowellRemarks $BTC $USDC
Jerome Powell's speech, the Chairman of the U.S. Federal Reserve, always has a significant impact on financial markets, particularly in the cryptocurrency markets. When he speaks 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 borrowing costs. Powell's recent statements have opened the door to the possibility of a rate cut in the near future, positively reflecting on bitcoin prices and cryptocurrencies in general. This kind of speech enhances volatility in the markets and gives investors important signals about the direction of the U.S. economy, thus calling for careful monitoring and continuous analysis of any change in the Federal Reserve's tone.
