#PowellRemarks Powell's statement shakes the markets Jerome Powell, the chairman of the Federal Reserve, announced that an interest rate cut is approaching, possibly in September, after progress in controlling inflation. The Fed is looking to avoid further cooling of the labor market and achieve a "soft landing" for the economy. Is this the momentum the crypto market needs? Or is it just a cautionary sign for investors?
#CryptoStocks Circle (CRCL) has increased by 34% to a new all-time high after the U.S. Senate passed the GENIUS Act ā igniting hopes for stablecoin regulation and cryptocurrency stocks. With Circle's explosive IPO, many now see this as the beginning of a larger wave of public cryptocurrency listings. š¬ Is there really genuine demand from investors driving the cryptocurrency IPO ā or is it just short-term hype? Which cryptocurrency company do you think will be next?
$USDC USDC/USDT Analysis & Trend Prediction Currently, USDC/USDT is trading at 0.9997, showing a volatility of +0.01% in the last 24 hours. The price range remains very narrow, fluctuating between 0.9996 and 0.9998, reflecting the stable nature of USDC. š Key Observations: ⢠Minimum Price Volatility: The candlestick pattern shows a tight price range, a common characteristic of stablecoins like $USDC ⢠Flat Moving Average: ⢠MA(60) = 0.9998 ⢠MA(10) = 0.9997