Powell Testimony: DXY breaks 105, BTC down to 22k as support, new peak rate of 5.60% in futures market

Powell "Ultimate Level of Interest Rates Likely to Be Higher Than Previously Anticipated".

#crypto2023 #powell #BTC

JUST IN: 🇺🇸 FED Chair Jerome Powell warns interest rates are likely to rise higher than previously expected.

#keepbuilding #fed #powell #BTC #Binance

When Powel Talk In Fomc Meeting and He’s Leaving ! Bitcoin Movement ………. #powell $BTC

Fed Chairman Jerome Powell:

⚡ Fed ready to accelerate rate hikes if data warrants.

⚡ The peak level of interest rates is likely to be higher than previously anticipated.

⚡ We still have a long way to go to reduce inflation.

#FED #inflation #BTC #powell

My #FOMC Expectations :

50 BPS hike = Bearish 📈

25 BPS hike = Neutral ↕️

0 BPS hike = Bullish 📈

25 BPS cut = Very bullish 🚀

It is being speculated that no rates will be hiked due to pressure on FED of recent banking collapse. Lets see. #fomc #powell #ratehike #btc

JUST IN: 👉FED Chair Jerome Powell says "process of getting inflation down has a long way to go, it will be bumpy."

#Fed #powell #BTC #crypto2023

👉 FED Chair Jerome Powell and Janet Yellen say US banks' capital and liquidity are strong.

#Fed #powell

Powell: Rate cuts are not in our base case...and that's all I have to say.

* Powell then literally leaves the conference *

#Fed #powell #BTC #Binance #crypto2023

Fed Chairman Jerome Powell:

• We are very determined to reduce inflation to 2 percent.

• Developments in the banking sector will bring tighter credit conditions, which will certainly have economic consequences.

#Fed #powell

Let's get up to date #bitcoin analysis right away. Rising is broken. First stage. 21830 is expected. If this place is broken, 21350 is on the table.
#powell

🇺🇸🗣 Powell:
- interest rates are “likely to be higher” than previously expected;
- The Fed will accelerate the increase rates if the data will come strong;
- policy easing is not yet desirable

#BTC #powell #inflation #interest #buildtogether

Jerome Powell emphasized that although inflation remains high, there's no guarantee of immediate improvement. Despite recent efforts, inflation hasn't decreased significantly. He reiterated the strength of the economy but doesn't foresee acceleration despite previous financial easing. Powell avoided discussing rate hikes directly in relation to inflation risks, suggesting a potential pause in policy if necessary. He noted that rates will gradually become more restrictive but assured there are no imminent plans for increases. Overall, Powell's tone was cautiously optimistic, anticipating a decline in inflation this year, which led to a 5% increase in BTC, nearly reaching $60 thousand again.#BTC #CryptoWatchMay2024 #powell

#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

🟡 A 25 basis point increase is expected from the #Fed on Wednesday.

⭕️ Btw Fed Chairman #powell 's speech will be more important as it will show us the unknown for the future!

#Binance #crypto2023 #BNB

👉The Fed increased the interest rate by 25 basis points.

#Fed #powell

$PEPE Pepe had a very good performance yesterday and many of the #altcoin and $BTC included closed the day under support, while Pepe closed above support. In the picture, the daily candle close shines like a star. It would not be ridiculous to expect a move above 0.75 today and tomorrow. The market's excuse is over #CZ made a deal #fed kept the interest rate constant #powell farted :))) now let's fly...

This Chart of $ID is The Result Of Huge Airdrops. You Will Face With Similar Chart in $Arb
🚨I Usually Buy Two Days After Lauch to Rect Weak Hands. Strong Advice
 #Binance #Fed #powell #ID #arb

#CryptoNewsDaily 🚨 BREAKING #FOMCMinutes Update: Fed raises interest rates by 25 BPS

#$BTC #powell

🗣️Fed Chair Jerome Powell:
•I can imagine scenarios ranging from zero to multiple rate cuts this year, depending on how the economy develops.
•We need more good data.
•The downside risks to the Fed’s full employment mandate are real right now.
•There was serious discussion at this meeting about cutting rates.
•A strong majority at the FOMC meeting supported keeping rates unchanged.
•A lot of data coming between now and September.
•I feel good about where we are.
•We are well positioned to respond to any weakness in the economy.
•The time to cut rates is approaching.
•We are not considering a 50 basis point cut right now.

#fed #powell #Btc $BTC

🚨 Upcoming Event: Fed Chair Jerome Powell to Speak at 4:30 PM Today

Fed Chairman Jerome Powell is scheduled to deliver a speech today at 4:30 PM. The focus of his address will be on the current economic outlook, monetary policy, and the progress on inflation. This speech comes at a critical time as the market looks for insights on the Federal Reserve's stance on interest rates and economic strategies moving forward.

#JeromePowell #Fed #powell #btc $BTC