🔍 Context:
Jerome Powell plays a central role in monetary policy decisions in the United States, including:
interest rates 📈📉
the fight against inflation 💸
the overall economic health of the country 🏛️
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📈 Why is this important for cryptos?
Every remark from Powell can:
cause traditional markets (stocks, bonds) to rise or fall
directly impact the prices of cryptocurrencies (especially BTC and ETH)
influence investors' risk-taking 💼
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🧠 Example:
If Powell says that inflation remains too high 👉 rates could rise further 👉 the market becomes cautious 👉 drop in the price of risky assets like cryptos.
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🔔 In summary:
#PowellRemarks = Immediate macro impact on the market.
His words are scrutinized like gold 💬👀