Fed Chair Jerome Powell recently stated that interest rate cuts will continue โwhen the time is right,โ noting that banks can engage with crypto and that tariff-driven inflation could pick up starting in June.
๐ Powellโs cautious tone suggests the Fed is waiting on more economic data before making further rate cuts. This could keep pressure on traditional markets, driving investors toward digital assets like Bitcoin and altcoins.
More importantly, his openness to banks participating in crypto marks a growing wave of institutional legitimacy for the space.
๐ Bitcoin (BTC): Despite ongoing volatility, BTC is holding strong above $100K, supported by institutional demand and rising interest in Bitcoin-linked ETFs.
- Altcoins: Projects like Ethereum (ETH), Binance Coin (BNB), and Solana (SOL) are rebounding, with growing trading volumes and continued ecosystem development.
๐ง With rate cuts on pause and inflation risks rising, crypto is becoming an increasingly attractive hedge. Institutional interest and regulatory signals are aligning in favor of a bullish move.
๐ Join the conversation on Binance Square โ Where serious crypto minds meet!
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