#PowellRemarks
đïž BREAKING: Fed Chair Powellâs Remarks Shake Global Markets â Crypto Holds Its Ground đȘâïž
In todayâs high-stakes testimony before Congress, Federal Reserve Chair Jerome Powell made headlines â and crypto didnât escape the spotlight. đŻ
đą Key Powell Remarks:
> âInflation remains sticky, but policy adjustments will be data-dependent.â
> âDigital assets are here to stay â but regulation must catch up.â
đ Traditional markets saw immediate volatility:
* S\&P 500 dipped âŹïž
* Gold surged as a safety play âŹïž
* Bond yields spiked đ
But crypto? It stood resilient.
đ„ BTC and ETH held steady, signalling investor confidence in cryptoâs long-term resilience.
đĄ Meanwhile, Powellâs acknowledgement of digital assets as part of the future financial system gave bullish undertones for the space.
đïž What Powell Didnât Say Speaks Volumes:
* No mention of banning crypto
* No critique of stablecoins
* Hinted at future frameworks for blockchain innovation
đ§ Interpretation:
The Fed is beginning to see crypto as infrastructure not interference. This could mean smoother regulatory pathways â and more institutional capital flowing in. đŒ
đ Investor Sentiment:
* Cautious optimism rising
* Altcoins with utility & compliance potential gaining attention
* Eyes now on July FOMC & upcoming SEC rulings đ
đš Powell didnât just talk rates. He validated the digital future.
đŁ What do you think his remarks mean for the next leg of the bull run?