📊 Why Crypto Didn’t Bounce After Powell’s Speech

Summary:

Even though Fed Chair Jerome Powell sounded slightly positive, the crypto market didn’t recover fast. Let’s break down the main reasons 👇

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1️⃣ Heavy Liquidations Before Speech

Over $19 billion was wiped out within hours before Powell’s talk — that fear still holds many traders back.

2️⃣ Trade Tensions Still Rising

The US–China trade conflict continues, and new tariffs are adding more uncertainty to global risk assets.

3️⃣ Government Shutdown Impact

Important economic data releases are paused — investors don’t have enough information to act confidently.

4️⃣ Powell’s Careful Tone

He didn’t confirm a rate cut or a quick end to QT (Quantitative Tightening), so markets are waiting for clarity.

5️⃣ Forced Selling Continues

Big leveraged positions got liquidated, pushing crypto prices lower.

6️⃣ Traders Waiting for Confirmation

Most buyers are holding back until they see stronger signs of recovery.

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🔍 Quick Take:

The crypto market is still cautious after a massive crash. Even with positive signals, confidence takes time to rebuild. Stay patient, stay smart — the next big move might surprise everyone. ⚡

#Bitcoin #Ethereum #FedPowell #RateCutExpectations #BinanceAcademy