Jerome Powell's Speech
On July 2, 2024, at 4:30 Pm Federal Reserve Chair Jerome Powell announced that interest rates would remain steady, and the crypto market reacted positively.
Bitcoin surged by 5% to $59,440, Ethereum climbed 5.02% to $3,015, and Solana saw an 11% increase to $136. The Federal Reserve also announced a slowdown in the pace of its balance-sheet reduction to prevent market volatility.
#US_Inflation_Easing_Alert #MiCA #IntroToCopytrading #VanEck_SOL_ETFS
