Investor attention is on Federal Reserve Chairman Jerome Pow

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Investor attention is on Federal Reserve Chairman Jerome Powell's upcoming speech following the cryptocurrency market's recent turmoil. Speculation suggests Powell may hint at further policy adjustments, including potential rate cuts, amidst uncertainties surrounding inflation. Market analysts anticipate the Fed may ease quantitative tightening measures, which could impact market dynamics. How Powell's remarks will influence the crypto market remains uncertain, with some predicting potential recovery if his tone is not overly restrictive.

Investor attention is on Federal Reserve Chairman Jerome Powell's upcoming speech following the cryptocurrency market's recent turmoil. Speculation suggests Powell may hint at further policy adjustments, including potential rate cuts, amidst uncertainties surrounding inflation. Market analysts anticipate the Fed may ease quantitative tightening measures, which could impact market dynamics. How Powell's remarks will influence the crypto market remains uncertain, with some predicting potential recovery if his tone is not overly restrictive.

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