# PowellSpeech

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Powell’s Fiery Speech Triggers Sharp Drop — Cautious Buying on China-US Optimism!
📅 10.30 Bitcoin & Ethereum Strategy Update
The Federal Reserve cut rates by 25 basis points as expected — marking the second consecutive cut. However, two members dissented, signaling rising internal division. During the press conference, Powell’s hawkish tone directly pushed back on expectations for another cut in December.
As a result, US equities (Dow Jones, S&P 500) pulled back sharply, and the crypto market mirrored the decline. Yesterday’s long trades saw only modest profits, and Bitcoin remains range-boun
BTC-1,44%
ETH-1,63%
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