Fed Chair Powell's latest speech was firm, clearly ruling out the possibility of a rate cut in September. Despite facing immense pressure from Trump's team and some moderate's persuasion, this experienced Central Bank leader maintained his independent judgment, demonstrating extraordinary determination and courage.



Although this statement may be seen as a negative factor, the Bitcoin market has shown surprising resilience. After a brief price correction, Bitcoin quickly stabilized, indicating that market buying pressure remains strong. This phenomenon reflects investors' confidence in the digital currency market, which is still robust, and the current market situation remains under control.

Powell's firm stance and the positive reaction of the Bitcoin market together create a complex and interesting financial picture. This not only reflects the subtle relationship between traditional financial policies and the emerging digital asset market, but also highlights the rational response of investors in the face of potential negative news. In the future, we will continue to pay attention to the Fed's policy direction and its impact on the cryptocurrency market, as well as Bitcoin's performance in various economic environments.
TRUMP3.3%
BTC-0.12%
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ForkTonguevip
· 08-01 09:15
The coin that can truly withstand the test.
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MEVSandwichVictimvip
· 07-31 04:52
The hammer drops, BTC is at the top.
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AirdropLickervip
· 07-31 04:50
Isn't everyone just an Airdrop licking dog when it comes to real interest rate cuts?
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BearMarketMonkvip
· 07-31 04:47
Bitcoin is no longer under your control, Old Bao.
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shadowy_supercodervip
· 07-31 04:45
BTC is the hardest asset.
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RugResistantvip
· 07-31 04:44
looks like market's more resilient than powell's fud... interesting pattern detected
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TerraNeverForgetvip
· 07-31 04:39
BTC is the biggest winner.
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