Powell’s Dec. 1 Speech Could Drive Bitcoin Volatility Ahead of FOMC
Federal Reserve Chair Jerome Powell is scheduled to speak on Dec. 1, a timing that puts his remarks squarely in the spotlight ahead of the key FOMC meeting the following week. Markets will parse his language for clues on rate trajectory, inflation expectations, and balance-sheet policy—signals that historically move risk assets, including BTC. A dovish tilt could boost risk appetite and reinforce flows into Bitcoin, while a hawkish stance could tighten liquidity and prompt a quick pullback.
Crypto desks and retail traders alike are braced for heightened volatility as positioning shifts into Powell’s comments and the subsequent FOMC decision. Movements in yields and the dollar will matter as much as rhetoric; both influence institutional flows into spot ETFs and derivatives markets. Expect sharp intraday reactions and short-term trading opportunities, and watch Powell’s precise wording for the catalyst that may set Bitcoin’s next major move.