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#Bitcoin - $BTC - Daily & 4H Updates
$BTC Daily bearish swing movement has finally swept away the area I call the garbage liquidity pool. The reason I call this area trash is because it has not created nice gradual liquidation levels in terms of price action. What does this mean? It means that when this area is passed, the movement will accelerate, which it has already done...
We love healthy zigzags, tested/untested order blocks etc.
The first level imbalance block has been entered but it has not been filled yet. As you can see in the chart, the bottom of this block and the Daily EMA 200 are almost at the same levels. If this area is lost, the movement to fill the imbalance block below may accelerate!
The daily large gap on CME Futures is still there and now we are closer to it.
US Stock Futures opened negative.
Although the #NVDA balance sheet was relatively good, it was not enough to excite the markets.
On Friday, there is the Core PCE data that the #Fed and #Powell said they care about the most and thus softened the market a little, and it seems that the markets will not relax until they see it.
Keep in mind that if expectations are not met and it is too high, the downside risks will increase a lot! Expected Monthly is 0.3% and Annual is 2.8%
Since there is a positive divergence on the RSI on the 4H chart, we can see the correction of the current decline, but rises up to the level of 87,200 mean a retest of the decline on 4H and are not considered a reversal.
Unfortunately, a daily close was made below the deviation limit I gave in the previous analysis. In order for this image to be turn positive, it must either urgently rise above the lower dashed red and orange line levels today or, to be much safer, it must rise to the green box level and regain its re-accumulation range.
Can this happen immediately while we are in such a critical region and important data is awaited? I don't think so (my personal opinion). I think the real direction will be determined after the PCE data is passed and DXY, US10Y, Nasdaq & SP500 give their reactions.
$BTC Daily bearish swing movement has finally swept away the area I call the garbage liquidity pool. The reason I call this area trash is because it has not created nice gradual liquidation levels in terms of price action. What does this mean? It means that when this area is passed, the movement will accelerate, which it has already done...
We love healthy zigzags, tested/untested order blocks etc.
The first level imbalance block has been entered but it has not been filled yet. As you can see in the chart, the bottom of this block and the Daily EMA 200 are almost at the same levels. If this area is lost, the movement to fill the imbalance block below may accelerate!
The daily large gap on CME Futures is still there and now we are closer to it.
US Stock Futures opened negative.
Although the #NVDA balance sheet was relatively good, it was not enough to excite the markets.
On Friday, there is the Core PCE data that the #Fed and #Powell said they care about the most and thus softened the market a little, and it seems that the markets will not relax until they see it.
Keep in mind that if expectations are not met and it is too high, the downside risks will increase a lot! Expected Monthly is 0.3% and Annual is 2.8%
Since there is a positive divergence on the RSI on the 4H chart, we can see the correction of the current decline, but rises up to the level of 87,200 mean a retest of the decline on 4H and are not considered a reversal.
Unfortunately, a daily close was made below the deviation limit I gave in the previous analysis. In order for this image to be turn positive, it must either urgently rise above the lower dashed red and orange line levels today or, to be much safer, it must rise to the green box level and regain its re-accumulation range.
Can this happen immediately while we are in such a critical region and important data is awaited? I don't think so (my personal opinion). I think the real direction will be determined after the PCE data is passed and DXY, US10Y, Nasdaq & SP500 give their reactions.
#Bitcoin - $BTC - Daily Update
#Bitcoin - $BTC - Daily Update
Finally, with the contraction I reported yesterday and the subsequent breakout, a deep wick was made to the garbage liquidity pool that we have been tired of talking about for weeks.
There is still a margin of 1K USD, but let's interpret it together with the top re-accumulation range I put in gray box.
The orange and red dashed lines below show the limit levels that can be accepted as range deviation of the down movement. In other words, if it closes with candle body above these levels after a wick up to this level and doesn't close below them, we can accept it as a deviation and we expect a pullback towards the lower limit of the range again, i.e. the level of 91,530.
Then we wait for confirmation whether we will lose the range permanently after the retest at that level or whether we will enter the range again and move towards the main resistance.
Therefore, the first level we need to look at in order not to lose in the daily is these deviation limits.
I hope it reverses from here and the movement continues where it left off. RSI has already reached oversold levels and finally (even though I do not make my decisions based on this) Fear & Greed Index has also reached the level of 25, which we call excessive fear (it was a mistake not to reach it until now, since this expectation could not be broken and people increased their risks, they opened up so much space for MMs and things came to these levels).
Creating fear in the market this high and then quickly starting the next big rally while everyone is expecting a bigger crash and leaving people sidelined is already a known tactic. That's why we continue to follow both possibilities carefully step by step in every situation. No #FUD , No #FOMO !
Besides this,
There are two levels of daily imbalance zones below this and I marked the levels of the blocks on the chart. There is no serious level that can work as support between the imbalance blocks of the two, other than the supply demand zone.
There is no need to talk about the last imbalance block that I marked briefly below right now. Those levels also mean a retest of the previous peak (prev. ATH), technically the retest of that level does not mean a bear season, but since those levels were not retested before the peak was seen in previous bull seasons, it may be necessary to stop and question what is happening on a global scale.
I will also be updating the analyses in the lower time frame. I wanted to share the general view in the big picture here.
Finally, with the contraction I reported yesterday and the subsequent breakout, a deep wick was made to the garbage liquidity pool that we have been tired of talking about for weeks.
There is still a margin of 1K USD, but let's interpret it together with the top re-accumulation range I put in gray box.
The orange and red dashed lines below show the limit levels that can be accepted as range deviation of the down movement. In other words, if it closes with candle body above these levels after a wick up to this level and doesn't close below them, we can accept it as a deviation and we expect a pullback towards the lower limit of the range again, i.e. the level of 91,530.
Then we wait for confirmation whether we will lose the range permanently after the retest at that level or whether we will enter the range again and move towards the main resistance.
Therefore, the first level we need to look at in order not to lose in the daily is these deviation limits.
I hope it reverses from here and the movement continues where it left off. RSI has already reached oversold levels and finally (even though I do not make my decisions based on this) Fear & Greed Index has also reached the level of 25, which we call excessive fear (it was a mistake not to reach it until now, since this expectation could not be broken and people increased their risks, they opened up so much space for MMs and things came to these levels).
Creating fear in the market this high and then quickly starting the next big rally while everyone is expecting a bigger crash and leaving people sidelined is already a known tactic. That's why we continue to follow both possibilities carefully step by step in every situation. No #FUD , No #FOMO !
Besides this,
There are two levels of daily imbalance zones below this and I marked the levels of the blocks on the chart. There is no serious level that can work as support between the imbalance blocks of the two, other than the supply demand zone.
There is no need to talk about the last imbalance block that I marked briefly below right now. Those levels also mean a retest of the previous peak (prev. ATH), technically the retest of that level does not mean a bear season, but since those levels were not retested before the peak was seen in previous bull seasons, it may be necessary to stop and question what is happening on a global scale.
I will also be updating the analyses in the lower time frame. I wanted to share the general view in the big picture here.
See original
BREAKING NEWS: More than $1.5 trillion was wiped out of the US stock market today.
▪️A picture that proves that #Powell 's speeches are not innocent. If you pay attention, a situation like this happens every 2-3 months.
Everything is happening right before our eyes, but we are always caught off guard!
#Bitcoin #Ethereum #PowellSpeech PriceCorrectionOrDip? $BTC
▪️A picture that proves that #Powell 's speeches are not innocent. If you pay attention, a situation like this happens every 2-3 months.
Everything is happening right before our eyes, but we are always caught off guard!
#Bitcoin #Ethereum #PowellSpeech PriceCorrectionOrDip? $BTC
See original
🚨Powell will speak 2 times this week
This new week will be rich in action with 2 speeches from #powell president of the #fed .
Are we going to have a confirmation of the drop in interest rates which could have major impacts on the #bitcoin ?
#BecomeCreator #bitcoin
This new week will be rich in action with 2 speeches from #powell president of the #fed .
Are we going to have a confirmation of the drop in interest rates which could have major impacts on the #bitcoin ?
#BecomeCreator #bitcoin
See original
#Fed We now know for sure that the fed will start a cycle of interest rate cuts in September with the message from the president #powell that it is time to cut interest rates.
#Bitcoin We have priced this news in and we can assume that a rise in bitcoin prices is inevitable until the elections in November.
#ETH🔥🔥🔥🔥 Therefore, it may take a little longer for this money to enter the #altocoins s.
$BTC
$ETH
#Bitcoin We have priced this news in and we can assume that a rise in bitcoin prices is inevitable until the elections in November.
#ETH🔥🔥🔥🔥 Therefore, it may take a little longer for this money to enter the #altocoins s.
$BTC
$ETH
The Most Important Crypto Event Of This Week Happens Tomorrow!
At 2 PM ET, The FOMC Interest Rate Decision Will Be Released.
The Market Consensus Expects No Rate Cut With 98% Probability.
But There's Something Even More Crucial Than The Rate Cut...
I’m Talking About Powell's Press Conference at 2:30 PM ET.
Since The Last FOMC Meeting, Several Inflation Metrics Like Core PPI Have Come In Lower Than Expected.
Also, The US Stock Market Had A Big Crash Yesterday Due To Deepseek.
A Few Days Ago, Donald Trump Said He Wants Low Interest Rates, and I’m Expecting Powell To Sound Dovish Tomorrow.
If That Happens, We Could See A Crypto Market Reversal, Especially In Altcoins.
If You Recall, After The Last FOMC Meeting, Altcoins Peaked After Powell Suggested Fewer Rate Cuts.
I’m Hoping Powell Sounds Bullish—Otherwise, More Bloodbath Ahead In Both The Stock And Crypto Markets!
"Disclaimer: This is for informational purposes only and not endorsed by Binance. Crypto investments are volatile and can lead to losses. Do your own research. Not financial advice."
#Crypto #FOMC #interestrates #Powell
At 2 PM ET, The FOMC Interest Rate Decision Will Be Released.
The Market Consensus Expects No Rate Cut With 98% Probability.
But There's Something Even More Crucial Than The Rate Cut...
I’m Talking About Powell's Press Conference at 2:30 PM ET.
Since The Last FOMC Meeting, Several Inflation Metrics Like Core PPI Have Come In Lower Than Expected.
Also, The US Stock Market Had A Big Crash Yesterday Due To Deepseek.
A Few Days Ago, Donald Trump Said He Wants Low Interest Rates, and I’m Expecting Powell To Sound Dovish Tomorrow.
If That Happens, We Could See A Crypto Market Reversal, Especially In Altcoins.
If You Recall, After The Last FOMC Meeting, Altcoins Peaked After Powell Suggested Fewer Rate Cuts.
I’m Hoping Powell Sounds Bullish—Otherwise, More Bloodbath Ahead In Both The Stock And Crypto Markets!
"Disclaimer: This is for informational purposes only and not endorsed by Binance. Crypto investments are volatile and can lead to losses. Do your own research. Not financial advice."
#Crypto #FOMC #interestrates #Powell
See original
Powell Statement Positive
#Powell is a new man hahaha.
I found Powell's statements very positive, although it is clear from the jump that#BTCand#altcointook that it wasn't just me, of course it wasn't something that we can say is a paradise, but it's better than nothing.
Powell stressed the importance of closely monitoring economic indicators and adjusting policy as needed to promote maximum employment and stable prices. He noted that inflation has been showing positive readings recently and expressed confidence that it will fall in line with the 2% target. The decision to keep interest rates unchanged was expected by the market.
I found Powell's statements very positive, although it is clear from the jump that#BTCand#altcointook that it wasn't just me, of course it wasn't something that we can say is a paradise, but it's better than nothing.
Powell stressed the importance of closely monitoring economic indicators and adjusting policy as needed to promote maximum employment and stable prices. He noted that inflation has been showing positive readings recently and expressed confidence that it will fall in line with the 2% target. The decision to keep interest rates unchanged was expected by the market.
$TRUMP vs. #Powell : The Federal Reserve Face-Off! 🔥
Former President Donald Trump has made it clear—if re-elected, he intends to remove Federal Reserve Chair Jerome Powell. However, Powell isn’t stepping aside without a fight:
💬 “I will serve my full term!” 💪
Powell asserts that Trump does not have the unilateral authority to dismiss him, setting the stage for a potential constitutional and financial standoff.
Trump’s Push for Lower Interest Rates
Trump has been vocal about his desire for interest rate cuts 📉, arguing that reducing borrowing costs would accelerate economic growth. Meanwhile, Powell remains steadfast in his approach, emphasizing:
📊 "Monetary policy is driven by economic data, not political influence."
This fundamental clash raises concerns about the Federal Reserve’s independence and whether political interference could disrupt economic stability.
What Lies Ahead?
💎 Can the Fed maintain its autonomy, or will external pressure shape its decisions?
🔥 Will markets react to this power struggle?
As tensions mount, investors and policymakers alike are keeping a close watch. Stay tuned—this battle is far from over! 💵
$TRUMP
#BitcoinReserveWave #CzechBitcoinReserve? #Write2Earn
Former President Donald Trump has made it clear—if re-elected, he intends to remove Federal Reserve Chair Jerome Powell. However, Powell isn’t stepping aside without a fight:
💬 “I will serve my full term!” 💪
Powell asserts that Trump does not have the unilateral authority to dismiss him, setting the stage for a potential constitutional and financial standoff.
Trump’s Push for Lower Interest Rates
Trump has been vocal about his desire for interest rate cuts 📉, arguing that reducing borrowing costs would accelerate economic growth. Meanwhile, Powell remains steadfast in his approach, emphasizing:
📊 "Monetary policy is driven by economic data, not political influence."
This fundamental clash raises concerns about the Federal Reserve’s independence and whether political interference could disrupt economic stability.
What Lies Ahead?
💎 Can the Fed maintain its autonomy, or will external pressure shape its decisions?
🔥 Will markets react to this power struggle?
As tensions mount, investors and policymakers alike are keeping a close watch. Stay tuned—this battle is far from over! 💵
$TRUMP
#BitcoinReserveWave #CzechBitcoinReserve? #Write2Earn
⏱
Macro Update of the Day
14:30 – Consumer Price Index (#CPI - #Inflation US)
16:00 – Jerome #Powell testifies before the House of Representatives
16:30 – Weekly oil inventories
#CPI : The key data of the week, expected at 14:30!
Recap of Powell's speech yesterday:
Powell emphasized the Fed's independence despite pressure from Donald #Trump to cut rates. He reiterated that the central bank relies on data and won’t rush into rate reductions.
Reminder: Never trade a news event!
Stay sharp and trade safe!
Macro Update of the Day
14:30 – Consumer Price Index (#CPI - #Inflation US)
16:00 – Jerome #Powell testifies before the House of Representatives
16:30 – Weekly oil inventories
#CPI : The key data of the week, expected at 14:30!
Recap of Powell's speech yesterday:
Powell emphasized the Fed's independence despite pressure from Donald #Trump to cut rates. He reiterated that the central bank relies on data and won’t rush into rate reductions.
Reminder: Never trade a news event!
Stay sharp and trade safe!
See original
The announcement of a 50 basis point discount on the #Fed interest rate decision that took place today by #powell caused the dovish talk to stir up the market.
This time this movement is not fake because 3 father coins have taken the offensive. $SEI , $SUI and $SAGA It is promising that 3 strong projects that I trust have risen in this way. The next 40 days seem to be blazing hot.
This does not mean that the bull has started, it is just the recovery of the market that has been crushing us for 5 months. So keep some cash in your hand just in case.
But #BTC 30k dreams have been left in someone's mouth 😎
So which coins will your wallet recover quickly if the rally stops?
Enjoy.
This time this movement is not fake because 3 father coins have taken the offensive. $SEI , $SUI and $SAGA It is promising that 3 strong projects that I trust have risen in this way. The next 40 days seem to be blazing hot.
This does not mean that the bull has started, it is just the recovery of the market that has been crushing us for 5 months. So keep some cash in your hand just in case.
But #BTC 30k dreams have been left in someone's mouth 😎
So which coins will your wallet recover quickly if the rally stops?
Enjoy.
See original
On the last trading day of the week, $ETH is priced better than $BTC.
Attention is drawn to the $3,300 region in $ETH . There is a high expectation that if this region is exceeded, a positive picture will be formed for Ethereum and altcoins...
Altcoins such as $SOL, $XRP, $TRX stole the role from #ETH , but now all eyes are on Ethereum. Will Ethereum rise despite Vitalik?
There will be movements in memecoins along with ETH. The expected increases in cryptocurrencies definitely did not come.
✔️ Finally, with the statements of #Powell , all the developments that could be positive for cryptocurrencies occurred. We expect these developments to be reflected in prices now...
#Altcoins #Memecoins #Kriptopara $ETH
Attention is drawn to the $3,300 region in $ETH . There is a high expectation that if this region is exceeded, a positive picture will be formed for Ethereum and altcoins...
Altcoins such as $SOL, $XRP, $TRX stole the role from #ETH , but now all eyes are on Ethereum. Will Ethereum rise despite Vitalik?
There will be movements in memecoins along with ETH. The expected increases in cryptocurrencies definitely did not come.
✔️ Finally, with the statements of #Powell , all the developments that could be positive for cryptocurrencies occurred. We expect these developments to be reflected in prices now...
#Altcoins #Memecoins #Kriptopara $ETH
Powell's Evolving View on Bitcoin
Federal Reserve Chairman Jerome Powell has revised his stance on Bitcoin, offering cautious optimism for cryptocurrencies despite challenging macroeconomic conditions. At the New York Times DealBook Summit, Powell likened Bitcoin to gold, describing it as a "speculative asset" rather than a direct competitor to the US dollar. This marks a significant shift from his earlier skepticism toward major cryptocurrencies, given Bitcoin's current market value of approximately $1.4 trillion.
Changpeng Zhao (CZ), founder of Binance, noted this change as "an improvement to the previous narrative," implying that industry leaders were aware of Powell's shift in language. Powell's characterization of Bitcoin as "like gold, but virtual and digital" reflects a growing acceptance of cryptocurrencies in traditional financial systems. However, he emphasized that Bitcoin's volatility and limited use as a payment method prevent it from challenging the dollar's dominance.
Economic Challenges and the Crypto Landscape
The cryptocurrency market is contending with troubling economic indicators that may delay a potential bull cycle. The Consumer Price Index (CPI) recently showed a 3% rise in inflation, the highest since February 2023, while the Producer Price Index (PPI) peaked at 3.5% in January. Despite these hurdles, Bitcoin has demonstrated resilience, boasting a 24-hour trading volume exceeding $22 billion across most exchanges. Significant institutional investment has contributed to the crypto market's growth, which now exceeds $2.3 trillion over the past two years.
Powell's comments on February 11 reaffirmed the Federal Reserve's commitment to Quantitative Tightening (QT) and indicated that a return to Quantitative Easing (QE) would only occur under severe economic conditions. This stance could have notable implications for risk assets, including cryptocurrency.
#Powell #CZ #BTC
Federal Reserve Chairman Jerome Powell has revised his stance on Bitcoin, offering cautious optimism for cryptocurrencies despite challenging macroeconomic conditions. At the New York Times DealBook Summit, Powell likened Bitcoin to gold, describing it as a "speculative asset" rather than a direct competitor to the US dollar. This marks a significant shift from his earlier skepticism toward major cryptocurrencies, given Bitcoin's current market value of approximately $1.4 trillion.
Changpeng Zhao (CZ), founder of Binance, noted this change as "an improvement to the previous narrative," implying that industry leaders were aware of Powell's shift in language. Powell's characterization of Bitcoin as "like gold, but virtual and digital" reflects a growing acceptance of cryptocurrencies in traditional financial systems. However, he emphasized that Bitcoin's volatility and limited use as a payment method prevent it from challenging the dollar's dominance.
Economic Challenges and the Crypto Landscape
The cryptocurrency market is contending with troubling economic indicators that may delay a potential bull cycle. The Consumer Price Index (CPI) recently showed a 3% rise in inflation, the highest since February 2023, while the Producer Price Index (PPI) peaked at 3.5% in January. Despite these hurdles, Bitcoin has demonstrated resilience, boasting a 24-hour trading volume exceeding $22 billion across most exchanges. Significant institutional investment has contributed to the crypto market's growth, which now exceeds $2.3 trillion over the past two years.
Powell's comments on February 11 reaffirmed the Federal Reserve's commitment to Quantitative Tightening (QT) and indicated that a return to Quantitative Easing (QE) would only occur under severe economic conditions. This stance could have notable implications for risk assets, including cryptocurrency.
#Powell #CZ #BTC
📢 Bitcoin Drops as Inflation Fears Rise! 🔥
🔍 Key Takeaways:
📉 $BTC fell 3% in minutes, hitting $94,100 before
rebounding to $97,629!
💥 $ETH at $2,600 & $SOL at $191 also took a hit!
🏦 Why? Higher-than-expected U.S. inflation pushed Fed
rate cut expectations to December.
⚖️ Market now expects a March rate hold—Powell isn’t
rushing cuts!🗣️ Even Trump weighed in, blaming Biden for inflation!
💡 Will Bitcoin recover or drop further? Let us know! 👇🔥
#bitcoin #Fed #CPIHighestSinceJune #Powell
🔍 Key Takeaways:
📉 $BTC fell 3% in minutes, hitting $94,100 before
rebounding to $97,629!
💥 $ETH at $2,600 & $SOL at $191 also took a hit!
🏦 Why? Higher-than-expected U.S. inflation pushed Fed
rate cut expectations to December.
⚖️ Market now expects a March rate hold—Powell isn’t
rushing cuts!🗣️ Even Trump weighed in, blaming Biden for inflation!
💡 Will Bitcoin recover or drop further? Let us know! 👇🔥
#bitcoin #Fed #CPIHighestSinceJune #Powell
See original
❤️🔥 FED COMMENT: IMPACT ON MARKETS 🚨
Powell is afraid that if we cut interest rates, the dollar will suddenly lose strength and inflation will rise sharply, so he still makes evasive evasions in his statements.
He thinks about how he can handle the situation further by saying that we will not change the current policy, interest rates remain stable, we will re-evaluate according to the incoming data. As long as it behaves this way, banks will be in trouble as a result!
#bitcoin #fed #powell #binance
Powell is afraid that if we cut interest rates, the dollar will suddenly lose strength and inflation will rise sharply, so he still makes evasive evasions in his statements.
He thinks about how he can handle the situation further by saying that we will not change the current policy, interest rates remain stable, we will re-evaluate according to the incoming data. As long as it behaves this way, banks will be in trouble as a result!
#bitcoin #fed #powell #binance
See original
🇺🇸3 messages from Fed Chairman Powell to crypto
"As we observe the number of cases being removed from banking activities increasing, both my colleagues and I are affected by this research. We are determined to reevaluate this issue."
Cryptocurrency exchanges, in particular, have complained that crypto companies operating in the #US are struggling to open bank accounts and maintain existing accounts. Coinbase filed a lawsuit against the Federal Deposit Insurance Corporation (FDIC) last year, accusing the agency of failing to facilitate banking transactions in the crypto market.
Powell stated at the press conference held after the interest rate decision made this month that banks can provide services in the crypto sector as long as they can manage their risks accurately.
Support for stablecoin regulation
On the other hand, the scope of the statements that Powell made in his journal about crypto is not unlimited. When asked, Powell said they certainly do not support regulatory frameworks concerning stablecoins. The Chairman added, "Stablecoins are young and may have a bright future."
Closure on CBDC
Another message related to crypto from Powell was about central bank digital currency (CBDC). The Chairman closed the door on CBDC, which has been criticized for its potential to harm privacy and increase Fed oversight, stating: "You can be assured that we will continue not to issue a central bank digital currency as long as you remain Chairman of the Fed."
"As we observe the number of cases being removed from banking activities increasing, both my colleagues and I are affected by this research. We are determined to reevaluate this issue."
Cryptocurrency exchanges, in particular, have complained that crypto companies operating in the #US are struggling to open bank accounts and maintain existing accounts. Coinbase filed a lawsuit against the Federal Deposit Insurance Corporation (FDIC) last year, accusing the agency of failing to facilitate banking transactions in the crypto market.
Powell stated at the press conference held after the interest rate decision made this month that banks can provide services in the crypto sector as long as they can manage their risks accurately.
Support for stablecoin regulation
On the other hand, the scope of the statements that Powell made in his journal about crypto is not unlimited. When asked, Powell said they certainly do not support regulatory frameworks concerning stablecoins. The Chairman added, "Stablecoins are young and may have a bright future."
Closure on CBDC
Another message related to crypto from Powell was about central bank digital currency (CBDC). The Chairman closed the door on CBDC, which has been criticized for its potential to harm privacy and increase Fed oversight, stating: "You can be assured that we will continue not to issue a central bank digital currency as long as you remain Chairman of the Fed."
😱🔥Shocking Crypto statement from Fed chairman Jerome Powell🇺🇸👀
The Fed, which left interest rates unchanged last night, asked about cryptocurrencies until the end of the press conference. The #Fed chairman said, "This should be done constructively."
The US Federal Reserve (Fed) went crazy yesterday with the interest rates it has been reducing in the last 3 years. As expected by the markets, interest rates were kept constant at 4.25%-4.5%.
The markets were curious about the Fed leaving interest rates, but #Powell 's fixed words were. Powell stated that he was determined about the 2% inflation target, and said that they would not be in a hurry to reduce interest rates. The Fed chairman also said that he would not respond to Trump's words, "I know the economy well."
Powell: We Have Not Met
At the end of the press conference, Powell was also asked about his perspective on cryptocurrencies and the steps of the new government. Powell stated that this job increases the performance of banks more accurately:
"As the Fed chairman, of course I would prefer banks to do this job. We are not against innovation and technology. However, they should do this after completing the necessary economic risk measures”
Powell also stated that a more effective regulatory system would be provided in the crypto world and would create a much better environment.
#FedHODL #MicroStrategyAcquiresBTC #TrumpCryptoOrder
The US Federal Reserve (Fed) went crazy yesterday with the interest rates it has been reducing in the last 3 years. As expected by the markets, interest rates were kept constant at 4.25%-4.5%.
The markets were curious about the Fed leaving interest rates, but #Powell 's fixed words were. Powell stated that he was determined about the 2% inflation target, and said that they would not be in a hurry to reduce interest rates. The Fed chairman also said that he would not respond to Trump's words, "I know the economy well."
Powell: We Have Not Met
At the end of the press conference, Powell was also asked about his perspective on cryptocurrencies and the steps of the new government. Powell stated that this job increases the performance of banks more accurately:
"As the Fed chairman, of course I would prefer banks to do this job. We are not against innovation and technology. However, they should do this after completing the necessary economic risk measures”
Powell also stated that a more effective regulatory system would be provided in the crypto world and would create a much better environment.
#FedHODL #MicroStrategyAcquiresBTC #TrumpCryptoOrder
Powell's Shock Speech Sparks Market Bloodbath, Crypto Holds Steady
The S&P 500 witnessed its sharpest single-day decline since early 2020 following Powell’s remarks, erasing a staggering $1.8 trillion in market capitalization. This market shock comes as a harsh blow to hopes of a year-end rally, with investors digesting the Federal Reserve’s stance on interest rates. While the traditional markets are reeling, the cryptocurrency sector has shown surprising resilience under the current conditions, maintaining relatively stable levels despite widespread sell-offs.
With expectations of a “Santa Claus” rally effectively dashed, market sentiment remains fragile. Investors now eagerly await further developments, as Powell’s tone has fueled fears of prolonged economic pressure. Interestingly, political voices could enter the discussion soon, with speculations that figures like Trump may step in to challenge Powell’s approach to monetary policy. Traders should brace for heightened volatility across all asset classes as market uncertainty continues to dominate the headlines.
#donaldtrump #Powell #FedRateCut #FedRateDecisions
With expectations of a “Santa Claus” rally effectively dashed, market sentiment remains fragile. Investors now eagerly await further developments, as Powell’s tone has fueled fears of prolonged economic pressure. Interestingly, political voices could enter the discussion soon, with speculations that figures like Trump may step in to challenge Powell’s approach to monetary policy. Traders should brace for heightened volatility across all asset classes as market uncertainty continues to dominate the headlines.
#donaldtrump #Powell #FedRateCut #FedRateDecisions
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