#BTCNextMove

Red alert in the market! Bitcoin, Ethereum, BNB... Powell strikes again!

The cryptocurrency market is in turmoil, and once again, Jerome Powell, the head of the Fed, is stealing all the attention. With his latest statements criticizing the idea of a central bank digital currency and promoting a "digital dollar," cryptocurrencies have no moment to breathe. Let's analyze further—relaxation mode. 📉

1. Powell takes down Cryptos with his words

🎩 Jerome Powell, also known as “The Bullrun Breaker,” did not hold back this week:

"There will be no cryptocurrency from the Federal Reserve in the United States"

"Cryptocurrency? Too volatile, too risky for the financial system."

💀 Translation: No cryptocurrency dollar, no central bank based on Bitcoin or Ethereum. For Powell, cryptocurrencies are just highly volatile utilities—not serious enough for the mighty financial system of the U.S.

2. Why does it hurt so much?

Powell presented his arguments like a boss, emphasizing three main points:

Cryptocurrency lacks reliability:

No clear legal framework, too many vague projects. Powell remains loyal to safety over speculation.

The digital dollar is coming soon:

A digital version of the dollar controlled by the Fed is about to launch, and Powell is clearly very excited.

Cryptocurrency is a “threat” to stability:

According to Powell, if everyone uses cryptocurrency, it could trigger a financial crisis.