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Powell’s Speech Ignites Crypto Momentum – But What’s Next?

NewbieToNode

Updated at: 5 hours ago

{"content":"Powell’s Speech Ignites Crypto Momentum – But What’s Next? Jerome Powell’s recent remarks signaled a softer stance on future interest rate hikes, sending shockwaves through global markets. Impact on Crypto: • Bitcoin surged toward $117K, reclaiming dominance with strong institutional support. • Ethereum broke past $4,700, setting a new all-time high and showcasing investor confidence. • Altcoins saw renewed momentum as liquidity and risk appetite increased. Why It Matters: Lower interest rates often fuel capital inflows into high-growth assets like crypto. Institutions view this as a long-term accumulation phase, while retail traders remain cautious after recent volatility. Key Question: Is this rally the start of a sustained breakout, or just a reaction to macro signals? #PowellWatch #CryptoRally #CryptoNews ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/23/6a5781c92bab4da6962d2d60aa57caea.jpg"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}

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