Crypto Defies Powell’s Hawkish Stance: Markets Hold Firm Despite Fed Rate Cut Rejection

Crypto isn’t waiting for the Fed’s permission slip.

While Jerome Powell doubles down on 'higher for longer,' digital assets shrug it off—proving once again that decentralized finance marches to its own beat. No rate cuts? No problem.

The Fed’s Loss, Crypto’s Gain

Traders yawned as Powell reiterated his anti-inflation crusade, leaving Bitcoin and Ethereum chilling near key support levels. Altcoins? Barely flinched. Meanwhile, Wall Street analysts scramble to justify why traditional markets still hinge on every word from a central banker who’s perpetually 'data-dependent.'

Liquidity Finds a Way

DeFi yields keep outpacing treasuries. Stablecoin volumes hit record highs as institutions quietly bypass traditional rails. And meme coins? Still pumping—because nothing says 'efficient market' like dog-themed tokens rallying during macro uncertainty.

Crypto’s message to the Fed: Your monetary policy playbook is so 2021. (Bonus jab: Meanwhile, your 401(k) still can’t beat inflation.)