Summary of Fed Chair Powell's speech:

- The current economic situation is still good and feels satisfied with the current monetary policies (this is something heard in every speech).

- Inflation is progressing (currently stagnating, for him not increasing again is already good).

- The unemployment rate remains low (waiting for Non-Farm data on Friday will provide a clearer view of the current labor market situation).

- He mentioned the New U.S. Government (Doge - Elon Musk), the Fed will maintain independence and will not intervene in this "new" cabinet.

Chair Powell's current speech is relatively moderate. The market is unlikely to experience any strong fluctuations in the short term.

Fed Chair Powell: The competitor to Bitcoin is gold, not the dollar.

Now even Powell has acknowledged Bitcoin 😁😁