Federal Reserve Chair Jerome Powell Flags Rising Recession Risks, Stirring Market Sentiment
Federal Reserve Chairman Jerome Powell has intensified warnings of a potential U.S. economic slowdown, signaling heightened macroeconomic uncertainty. The remarks come amid volatile equity markets, with investors increasingly scrutinizing risk assets.
Cryptocurrencies may face divergent pressures—traditional safe-haven flows could benefit Bitcoin (BTC) as a macro hedge, while altcoins may see correlation with risk-off equity moves. Powell's stance reinforces the narrative of digital assets as non-correlated stores of value during monetary policy turbulence.