Recent remarks by Fed Chairman Jerome Powell have had a positive impact on financial markets, including the crypto sector. He said the Fed will continue to monitor inflation data and will not rush to raise interest rates again, creating expectations for a loose monetary policy in the near future. This “dovish” signal has helped stabilize investor sentiment, promoting a recovery in both the stock market and digital assets. Bitcoin and crypto-related stocks both jumped after the speech, showing the market’s sensitivity to the Fed’s policy stance.
