Fed Chair Powell Speech Highlights: Here’s What Crypto Market Can Expect

The latest speech of Fed Chair Jerome Powell has fueled optimism in the broader financial market, triggering a rally in stocks and crypto rally. The Fed Chair has signaled a potential interest rate cut in September that could impact the global financial sector, including the crypto market. With Powell’s latest hint, all three US stock indices including DJIA, S&P 500, and Nasdaq, as well as the crypto prices rallied.

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