#OilPricesRise Powell Tonight's Speech, Cryptocurrency Markets May Face a Double Test "Policy + Geopolitics"
Tonight at 10:30 PM, Federal Reserve Chair Powell will deliver a speech. The market generally expects him to continue a cautious stance, avoiding clear signals of interest rate cuts. In the context of tensions in the Middle East and high inflation in the US, the expectation of "no rate cuts" may be further reinforced, potentially boosting the US dollar index and putting pressure on crypto market liquidity.
Major assets like Bitcoin may face correction risks, while volatility in altc