Powell Signals Mainstream Crypto with Stablecoin Framework: Market Reacts Positively

Jerome Powell’s recent remarks about stablecoins have sent shockwaves through the crypto market, signaling a potential shift towards mainstream acceptance. Following his comments on the need for a legal framework for these assets, Bitcoin and Ethereum experienced price surges and increased trading activity. 📈 The market is optimistic, with many seeing this as a step towards greater regulatory clarity and potentially boosting institutional adoption.