#PowellRemarks Every statement from the Chair of The Fed, Jerome Powell, often has a significant impact on financial markets, including cryptocurrency. #PowellRemarks The latest remarks regarding the potential interest rate hike to curb inflation caused the crypto market to react quite fluctuatively. Investors are generally sensitive to comments from The Fed because interest rates affect global liquidity. When rates rise, risky assets like crypto tend to face pressure. However, some parties see opportunities behind this instability, employing accumulation strategies at lower price levels. Additionally, Powell's comments also strengthen the position of the US dollar, which typically inversely correlates with crypto performance. Therefore, understanding the macroeconomic context and carefully analyzing #PowellRemarks can help crypto investors make more accurate and measured decisions.
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