May 7, 2025

Jerome Powell’s Remarks Boost Bitcoin to Near-One-Month High Amid Market Response

1 min read

The Federal Reserve’s recent comments by Chair Jerome Powell have sent ripples across the cryptocurrency landscape. Powell emphasized the Fed’s measured approach towards changing interest rates, affecting market sentiment. “We seek greater confidence that inflation will return to 2%,” Powell stated, impacting investor expectations. Federal Reserve’s stance on interest rates could reshape the crypto market

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Source: CoinOtag

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