Update 16:22 GMT: Fed Chair Powell did not comment on monetary policy or the economic outlook in his opening remarks at the New York Fed conference.

As of today, upward movements are seen in the cryptocurrency sector. Continuing its rise with the latest US economic data, the leading cryptocurrency Bitcoin (BTC) continues to push the $65,000 mark.

As of now, all eyes in the crypto market are on the speech that US Federal Reserve (FED) Chairman Jerome Powell will give at the 2024 US Treasury Market Conference held by the Federal Reserve Bank of New York.

If Powell, who will appear before the cameras as of 16.20 GMT, displays a dovish attitude as in his past speeches, the bullish movements in the crypto market may continue.

Our readers who want to follow FED Chairman Jerome Powell's statements live can check out the link below:

In the coming minutes, FED Chairman Jerome Powell's statements will be added to our content...

*Stay tuned for the latest updates!

$BTC