Powell's Last Press Conference, What Did the Crypto World Hear?


【Plain Language Summary】The Federal Reserve held steady on April 29th: interest rates remain at 3.50%-3.75%
In Powell's final chairmanship press conference, the Federal Reserve maintained high interest rates with an 8:4 split. Sticky inflation, oil price disruptions, tariff shocks, and internal disagreements all combined to once again dash expectations of a rate cut.
Bitcoin ETF outflows continued, with funds cautiously observing. In the short term, "money has become more expensive," but long-term regulatory benefits (digital asset legislation, stablecoin discussions) are still on the way. The crypto market faces a critical test: can it endure in a more expensive liquidity environment until the system truly takes hold.
For details, see 👉:
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin