Federal Reserve Comments Fuel Uncertainty in Cryptocurrency Market

The cryptocurrency market witnessed a period of stagnation following the release of inflation data, with Federal Reserve Chair Jerome Powell’s recent address leaving investors cautious. While former President Trump advocated for interest rate cuts, there appears to be no immediate momentum behind such initiatives, as indicated by a Federal Reserve member who cautioned against expecting swift changes in monetary policy. [Continue reading to learn more about the Fed’s perspective on inflation and its impact on crypto.]