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Bitcoin
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$84,074.00 -0.31797
Bitcoin price
Ethereum
Ethereum (ETH)
$1,926.35 1.00727
Ethereum price
BNB
BNB (BNB)
$613.49 3.40216
BNB price
Solana
Solana (SOL)
$135.08 0.69598
Solana price
XRP
XRP (XRP)
$2.38 -0.60815
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000128 0.894
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000071 1.58115
Pepe price
Bonk
Bonk (BONK)
$0.0000109 0.5929
Bonk price
dogwifhat
dogwifhat (WIF)
$0.496277 -1.995
dogwifhat price
Popcat
Popcat (POPCAT)
$0.200545 4.91077
Popcat price
Bitcoin
Bitcoin (BTC)
$84,074.00 -0.31797
Bitcoin price
Ethereum
Ethereum (ETH)
$1,926.35 1.00727
Ethereum price
BNB
BNB (BNB)
$613.49 3.40216
BNB price
Solana
Solana (SOL)
$135.08 0.69598
Solana price
XRP
XRP (XRP)
$2.38 -0.60815
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000128 0.894
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000071 1.58115
Pepe price
Bonk
Bonk (BONK)
$0.0000109 0.5929
Bonk price
dogwifhat
dogwifhat (WIF)
$0.496277 -1.995
dogwifhat price
Popcat
Popcat (POPCAT)
$0.200545 4.91077
Popcat price
Bitcoin
Bitcoin (BTC)
$84,074.00 -0.31797
Bitcoin price
Ethereum
Ethereum (ETH)
$1,926.35 1.00727
Ethereum price
BNB
BNB (BNB)
$613.49 3.40216
BNB price
Solana
Solana (SOL)
$135.08 0.69598
Solana price
XRP
XRP (XRP)
$2.38 -0.60815
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000128 0.894
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000071 1.58115
Pepe price
Bonk
Bonk (BONK)
$0.0000109 0.5929
Bonk price
dogwifhat
dogwifhat (WIF)
$0.496277 -1.995
dogwifhat price
Popcat
Popcat (POPCAT)
$0.200545 4.91077
Popcat price

Jerome Powell speech may trigger a pullback in bitcoin

Nicholas Ross Say
Edited by
News
Jerome Powell speech may trigger a pullback in bitcoin

Fed chairman Powell will discuss the state of the U.S. economy and his Fed’s monetary policy plans, in an upcoming speech, which may impact bitcoin prices.

Investors want to know what Powell has to say about the future of the U.S. dollar, as interest rates play a key role in determining a currency’s value.

The Fed on bitcoin

Market pundits expect a healthy drop in the value of bitcoin based on what Fed chairman Jerome Powell says.

As the central bank of the United States, the Fed’s monetary policy has a significant impact on the economy and financial markets. The Chairman’s speech, which investors and traders have been waiting for, has the potential to change the course of the bitcoin market.

If the chair proposes a tougher monetary policy, the U.S. dollar could appreciate and the bitcoin price could fall.

However, it is important to note that the cryptocurrency market is known for its volatility and unpredictability. While Powell’s speech may have short-term implications, it is unlikely to dictate the long-term direction of bitcoin prices.

Chairman Powell’s next speech could trigger a healthy drop in bitcoin’s value, but the cryptocurrency market is always subject to unexpected changes and volatility.

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