Does Jerome Powell's statements affect the crypto market?
With every appearance of the Chairman of the US Federal Reserve, "Jerome Powell", we witness strong fluctuations in the financial markets – and crypto is no longer an exception. His statements about interest rates or inflation often directly affect the movement of Bitcoin and Ethereum, due to the inverse relationship between risk and interest rates. Every time he hints at a slowdown in interest rate hikes, we see a clear rise in the market. In my opinion, following Jerome Powell has become a necessity for every crypto trader. The market is no longer separate from the macro economy.
Do you follow his words as we follow price movements? 🤔
In recent years, we have started to see an increasing intersection between the world of crypto and traditional stock markets. Concepts like CryptoStocks have emerged, representing digital tokens that mimic the performance of major company stocks or are linked to real financial indices. Despite the cessation of support for tokenized stocks on some platforms, interest in this field continues. Imagine trading a digital share representing Apple or Tesla on the blockchain – transparency, speed, and low costs! I believe this type of asset will play a significant role in the next generation of trading. What do you think?
فرصتك الآن لتربح جوائز نقدية بالدولار (USD) فقط من خلال كتابة محتوى على Binance Feed! إذا عندك شغف بالكتابة عن الكريبتو، التحليل الفني، الأخبار، أو حتى مشاريع جديدة – لا تضيع الفرصة!
🔹 شارك مقالاتك أو تحليلاتك 🔹 احصل على مشاهدات وتفاعل 🔹 Binance بتقيّم المحتوى وتكافئك بجوائز نقدية 💵 🔹 الأفضل يحصلون على مكافآت أسبوعية بالدولار
🚀 لا تحتاج تكون خبير... فقط محتوى أصلي، مفيد، ومكتوب بإتقان!