This evening, crypto markets fell slightly after Fed Chairman Jerome Powell's speech. 📉 Powell said the economy is strong and there is no need to rush to cut interest rates. After this statement, Bitcoin fell 1.5% to $88,000. Ethereum also experienced a similar decline. However, Ripple attracted attention by rising 13%. 📈
The probability of the Fed cutting interest rates at its December meeting has fallen to 62%. Crypto markets have remained strong in recent weeks, with Bitcoin up 15% weekly. Share your thoughts in the comments! 💬