Powell’s Speech Set to Impact Crypto Prices, Could Trigger Bull Run

Federal Reserve Chairman Jerome Powell’s address on inflation and market conditions is expected to significantly impact the cryptocurrency market. Analysts believe this speech could trigger a bull run in Bitcoin (BTC) prices as it potentially signals an imminent rate cut. Following similar patterns observed during the 2021 Bull Run, crypto markets anticipate volatility and potential price fluctuations following Powell’s announcement. The speech comes at a pivotal moment for the cryptocurrency market after recent periods of uncertainty.