Tonight at 19:30 (local time), Federal Reserve Chairman Jerome Powell will deliver a speech aimed at moving the global markets. For cryptocurrency traders, this speech represents a crucial moment as every statement could directly influence sentiment towards Bitcoin, Ethereum, and the entire digital asset sector.
Why this Powell speech is so important
Market participants’ attention is focused on any signals regarding future interest rate policies. Subtle messages and explicit statements from the Fed chair have the power to trigger significant rallies or declines, especially in the crypto segment where sensitivity to macro data is particularly high.
Expected market scenario
Expect marked volatility immediately after the speech concludes. Price swings could be sharp and decisive, with movements affecting multiple assets simultaneously. BTC and ETH will likely be the most responsive to the Fed chair’s message.
How to manage trading tonight
The key is to stay strategic: monitor the speech’s evolution in real-time, manage your positions with risk awareness, and if you notice strong rallies, consider taking profits quickly. Market opportunities will not be lacking in the following days, so there’s no need to chase every movement.
The most important advice? Stay focused on risk management and don’t let volatility emotions overwhelm you.
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Powell speaks tonight: what to expect from the crypto markets
Tonight at 19:30 (local time), Federal Reserve Chairman Jerome Powell will deliver a speech aimed at moving the global markets. For cryptocurrency traders, this speech represents a crucial moment as every statement could directly influence sentiment towards Bitcoin, Ethereum, and the entire digital asset sector.
Why this Powell speech is so important
Market participants’ attention is focused on any signals regarding future interest rate policies. Subtle messages and explicit statements from the Fed chair have the power to trigger significant rallies or declines, especially in the crypto segment where sensitivity to macro data is particularly high.
Expected market scenario
Expect marked volatility immediately after the speech concludes. Price swings could be sharp and decisive, with movements affecting multiple assets simultaneously. BTC and ETH will likely be the most responsive to the Fed chair’s message.
How to manage trading tonight
The key is to stay strategic: monitor the speech’s evolution in real-time, manage your positions with risk awareness, and if you notice strong rallies, consider taking profits quickly. Market opportunities will not be lacking in the following days, so there’s no need to chase every movement.
The most important advice? Stay focused on risk management and don’t let volatility emotions overwhelm you.
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