US Federal Reserve ( Fed), the direction of the emerging crypto market backwards translate andmay have caused the decline.
In the past days, we listed ” What triggered the crypto market to decline“Fed statements, which are one of the main sources of the issue, are aimed at global markets” indecision It’s stamped with ‘. The effects of the Fed rate decision, which will be announced on March 22, have already had an impact on the financial markets. Fed Chairman Powell recently in the statements to be foundhas pushed the crypto market into pessimism.
In terms of technical and fundamental analysis drop to the trendBTC passed by the Fed to this road pushed away it could be me?
Fed Chairman Powell Strangles Markets With His Statements
The Fed’s recent pressure on global markets had drawn attention. Fed, especially in February “Warning to banks about crypto” created an atmosphere of fear in crypto investors. The “Fed Interest Rate Decision”, which global markets are always waiting for, stands out as one of the most uncertain situations in the upcoming period. In the past, more guess can be“Fed Rate Decisions” on global markets This much oppression was not forming.
Especially Statement by Fed Chairman Powell triggered global markets. Powell’s rhetoric that “interest rates may be higher than the central bank policy makers expect” has affected the financial markets. locked up case.
Moreover powellexpressed his statements as follows;
“Recently released economic data was stronger than expected. Based on the incoming data, the forecasts for interest rates may be different than expected. Had the data been published differently, we would have been prepared to accelerate the pace of rate hikes.”
Powell Continuing His Speeches Resolutely
It reduces inflation to 2 percent. decisiveFed Chairman Powell said that inflationist to the pressuresalso mentioned. March bear Fed meetingPowell, speaking for in their hands critical data is ” he stated. Also, referring to the stability in prices, powell, in this respect sharpness withoutany move will not be doneadded to his statements. powellalso warned for the sustainability of workforce and market resilience. powellThese determined and harsh speeches of World finance in the industryhas had a great impact.
Negative News From Financial Markets Coming One After Another
Fed Chairman Powell’s recent statements are seen as triggering negative situations in the financial market. Looking at the last days, the financial markets negative your news hitman“ Fed‘of descriptions It is seen as “. on the Fed side instability And hard stanceon asset sectors auspices has provided. in the near future Silicon Valley Bank’sAlong with the statement he made, it was stated that there was a problem in the stocks of the bank.
Moves Continuing on the Fed Side
He recently created ” indecisive by air” Continuing to instill fear, the Fed has taken a toll on various financial markets. your moves continues . Recently, banks crypto- about carefully to beNoting that, the Fed encouraged the crypto community in particular. your attention had pulled . In a speech he gave today, stablecoinReferring to the ‘s’, the Fed accelerated its work in this direction and said, expert One study team He expressed his determination to create. Also, the increasing stablecoin to your problems oriented studiesnot only from the Fed, but also from the crypto industry in general. continue doing.
