Crypto Daybook Americas: Powell’s Remarks to Guide Markets Amid Asian Trade Focus

Federal Reserve Chair Jerome Powell’s commentary at today’s FOMC press conference will dominate market attention, despite near-certainty of unchanged interest rates. The CME FedWatch tool shows a 97.6% probability of rate stability, with Polymarket traders pricing a 98.3% chance. Spanish lender Bankinter cautions against premature Optimism for risk assets, citing declining Chinese container volumes at U.S. ports and anticipating Powell’s hawkish tone on inflation and future rate cuts.

Market participants are scrutinizing macroeconomic signals as crypto assets remain sensitive to monetary policy trajectories. The interplay between Fed guidance and Asian trade dynamics could establish near-term directional bias for digital assets, particularly BTC and ETH which often lead sector-wide movements.