The market has been slow for the last two days, and it’s the weekend. Personally, my gut feeling says we might see a weekend pump. #TrumpVsPowell #BinanceLaunchpool!
#PowellRemarks BREAKING: What Jerome Powell’s Jackson Hole Speech Means for Crypto Traders** Fed Chair Powell delivered key messages—here’s the simplified crypto takeaway: **1. “Higher Rates for Longer”** - The Fed won’t cut interest rates until inflation drops to 2%. - *Impact*: Leverage just got pricier. Traders borrowing USD to buy crypto could face tighter margins. BTC slipped 2% after the speech as risk sentiment cooled. **2. “Data Will Drive Policy”** - Future rate moves hinge on upcoming job and inflation reports (next CPI: Sept 13). - *Crypto reaction*: Weak data could pump crypto (markets expect a softer Fed), while strong numbers might pressure BTC further. **3. “Soft Landing Still in Sight”** - Powell believes inflation can be tamed without triggering a recession. - *Why it matters*: A stable economy encourages institutional players—just like BlackRock’s Bitcoin ETF filing in the 2023 banking chaos. **Binance Trader Strategy** - *Short-term*: Hedge with stablecoins ahead of major data drops. - *Long-term*: Consider dollar-cost averaging into strong assets like ETH and BNB if rate hikes pause. **Bonus Insight – The “Seesaw Effect”** - When traditional markets dip, crypto often gains. Case in point: BTC dominance rose 5% during August’s S&P 500 decline. **Tip**: Use Binance’s Economic Calendar to stay ahead of Fed announcements and plan your trades. **Why This Matters:** - Translates Fed talk into clear crypto actions - Helps traders sync macro trends with Binance strategies
As you know as per trumps latest announcement cypto world is in uproar and $SOL , $XRP and $ADA are on bullish move but here's a twist why do you think he announced it now.
Why would Trump announce about it when he is going to buy it and he knows full well it will increase the price ?
Well it's simple he had already buyed it when it was at it lowest and announcing it now is just a strategy to gain more profit
Wanna know how ?
After hearing the announcement many people will jump in to buy at that time the whales will get into action and dump the market and use us like a fish who is stucked in trumps Bait