According to Blofin, after Powell's speech, the spread between 2-year and 10-year Treasury yields hit a new high since 1982, and the US dollar index also hit a new high for the year to date.

Wu said that according to Blofin, after Powell's speech, the difference between 2-year and 10-year Treasury yields hit a new high since 1982, and the US dollar index also hit a new high since the beginning of the year. The metal market was hit much harder by Powell than the cryptocurrency. So far, it has not caused significant fluctuations in the crypto market. Although ETH option block traders do not have high expectations for the rise, they tend to be relatively bearish.