Jerome Powell

Powell’s Dec. 1 Speech Could Drive Bitcoin Volatility Ahead of FOMC

Fed Chair Jerome Powell will deliver an economic policy speech on Dec. 1, just days before the next FOMC meeting, and markets expect his tone to shape Bitcoin’s near-term direction. Traders are watching for dovish or hawkish cues that could swing risk appetite and BTC flows.

Federal Reserve's Interest Rate Cut and Jerome Powell's Stance on Bitcoin: What It Means for Crypto Investors – cover image
Federal Reserve's Interest Rate Cut and Jerome Powell's Stance on Bitcoin: What It Means for Crypto Investors

On December 18, 2024, the Federal Reserve cut interest rates by 0.25%, signaling caution in future cuts and clarifying they won't hold Bitcoin. This update affects cryptocurrency market dynamics and investor strategies.