Powell’s Fed Shift Sends Bitcoin Soaring 15% to $ 105K before the meeting


Bitcoin Price Surge met powerful new records when leading Cryptocurrency shaved over $ 105,000 on Wednesday and triggered a fairly change in crypto market trends. A remarkably rally developed immediately after the Federal Reserve announced its plan to keep the current interest rates stable, with the Bitcoin Volatility surprisingly stable through such dramatic features. The world’s largest digital asset showed impressive investment security while many political signals shifted around it.

https://www.youtube.com/watch?v=0mrnks6zoja

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FED’s political changes and Bitcoin’s price increase in the midst

Powell Speaking Fed ConferencePowell Speaking Fed Conference
Source: WSJ News

Fed’s strategic interest rate

Powell said:

“Banks can perfectly serve crypto customers as long as they understand and can handle the risks.”

Market response and trade activity

Bitcoin price chartBitcoin price chart
Source: Santiment

Some experts noted the Fed Rate increase in increase in different markets because Bitcoin showed strong answers to the announcement.

IG Australia Pty Market Analyst Tony Sycamore had this to say:

“Traders in the United States reacted to the Powell crypto comments, and Bitcoin pressed higher. From a broader technical perspective, there are indications that Bitcoin rally matures. “

Trump Administration Impact

Some important developments cried Cryptocurrency over 50% since Trump’s victory in November and showed new crypto market trends.

Bit CEO Gracy Chen stated:

“Immediate growth, as we have seen in previous bull cycles, may not follow as much of the optimism about Trump’s attitude to crypto has already been priced to follow the latest haussearted trends.”

Wider market consequences

While several traders looked at the Bitcoin Price increase, traditional markets were moving differently. The FED speed increase impact was widely spread and pressed Nasdaq down 1.1% and the S&P 500 down 0.9%. Several investment security measures helped when Ethereum reached $ 3,184 and Solana hit $ 239.

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Future prospects

Powell shared his thoughts on regulation:

“A larger regulatory apparatus around crypto would be very constructive.”

Various analysts tracked the Bitcoin Price increase earlier previous items. Some dimensions of bitcoin voltility showed stability in recent weeks. Many crypto market trends point to a growing institutional interest, while various investment security protocols continue to improve.





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