#FedOfficialsSpeak
đ Market & Crypto/Asset Implications (including Bitcoin)
Markets will remain very sensitive to any âhawkish vs dovishâ tilt in speeches. If Powell again leans hawkish, it could dampen risk assets.
On the other hand, aggressive comments from Miran may fuel expectations of deeper cuts, which could support equities, crypto, and other risk instruments.
Bitcoin, being sensitive to monetary policy, could benefit if expectations tilt toward loosening. But if officials push back against aggressive cuts, that could act as a headwind.
The Fed shifting its operational mechanics (e.g. rate targeting mechanism) may introduce additional uncertainty in short-term rates and liquidity, which in turn could ripple through all financial and crypto markets.