Powell Puts September Rate Cut in Play; Bitcoin Pushes Higher
Jerome Powell just handed crypto bulls exactly what they wanted—a clear runway for risk assets.
The Fed Signals Green Light
Powell’s latest commentary puts a September rate cut firmly on the table. Lower rates traditionally weaken the dollar and fuel appetite for higher-risk, non-yielding assets. Like Bitcoin.
Bitcoin’s Immediate Reaction
BTC didn’t wait for the fine print. It pushed higher on the news, reflecting instant market reassessment of liquidity expectations. Traders are front-running the potential inflow of cheap money into scarce digital assets.
Not Your Grandpa’s Monetary Policy
While traditional markets cheer the prospect of looser policy, Bitcoin’s move underscores a deeper narrative: decentralization outperforms when central banks flip dovish. Another reminder that Satoshi’s creation was built for this exact moment—monetary uncertainty meets digital scarcity.
Of course, Wall Street will still find a way to overcomplicate it.