#PowellWatch

PowellWatch” largely refers to market attention on Federal Reserve Chair Jerome Powell, particularly around his statements or decisions that can influence economic or financial markets.

A notable instance:

During a recent hearing, Powell stressed that stablecoins—a big piece of the crypto ecosystem—should be under strong federal oversight. He also affirmed that cryptocurrencies like Bitcoin have staying power. This sparked a wave of commentary under the #PowellWatch hashtag as traders and crypto users parsed what it means for regulation and markets.