
In a landmark statement at the Jackson Hole Economic Forum, Federal Reserve Chair Jerome Powell surprised markets by recognizing the legitimacy and longevity of digital assets. đ
đŁïž âDigital assets, especially those with strong use cases, are here to stay. Regulation should encourage innovation, not hinder it.â
đą Translation: Thatâs as close to a greenlight as it gets from the Fed.
đ„ Highlights:
* â Powell acknowledges crypto is not going away
* â Advocates for pro-innovation regulation
* â Points to CBDCs & stablecoins as future financial tools
* â Signals a softer stance on digital assets
đ Immediate Market Reaction:
* \$BTC BTC jumped +3.5%
* \$ETH ETH rallied past \$3,400
* \$SOL SOL, \$AVAX, \$XRP surged in volume
* Altcoin dominance rose by 1.2%
đ Why It Matters:
Powellâs words mark a psychological shift in U.S. policy tone. As the most influential central banker, his recognition boosts crypto's credibility.
đź What This Could Trigger:
* Faster spot ETF approvals
* Institutional FOMO
* Renewed faith in DeFi and Web3
â ïž Bottom Line:
Crypto just got a powerful nod from the Fed. This could be the start of a new bull cycle.
đŹ Your move: Is this the signal we've been waiting for?
\#CryptoMomentum #PowellOnCrypto #DigitalAssets #BullRun2025 #CryptoMarket