US Federal Bank (FED) President Jerome Powell’s statement on February 11-12 at the Senate and House of Representatives, Bitcoin $97,831.4 It may cause volatility in the market. Powell’s signals on the determination of inflation and interest policies in the fight against inflation can lead to fluctuations in crypto currency prices. Although short -term reactions are inevitable, experts say it is not possible for Bitcoin to reach $ 100,000.
Powell’s interest policy messages can be critical
In Powell’s statements, the general situation of the economy, employment data and price stability issues will be at the forefront. Powell will emphasize that more data is necessary to move into relaxation policy by showing a determined attitude in the fight against inflation.
According to Bloomberg economists, Powell will not change the interest policy unless there is a significant weakness in the labor market or a significant weakness in the labor market. This means short -term uncertainty for investors. SGH Macro Advisors’dan Tim Duy, the interest rate reduction can be postponed to the second half of 2025. In particular, low employment data make the market expectations even more complex.
In this uncertainty environment, it is emphasized that the market is sensitive to price movements. The risk of liquidation of approximately 80 million dollars can occur if Bitcoin exceeds certain threshold levels. This can lead to sudden price splashes in the crypto money market.
What do the fluctuations in the Bitcoin price mean?
Bitcoin is currently trading around $ 97,000. This level is supported by high transaction volume and creates an important threshold for short -term price movements. If the core consumer price index data is explained above expectations, the risk of changing Powell’s interest rate policy may increase, which may cause breaks in the price of bitcoin.
Market observers think that Powell’s statements and economic data can significantly affect the price of Bitcoin. Investors should follow these data carefully and determine their strategies accordingly. While short -term positions can lead to major movements in the market, long -term data will still determine the main aspect.
In this process, investors should be cautious and closely monitoring market dynamics. Powell’s messages can lead to significant movements in the crypto currency market in the coming days.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
