According to Santiment (@santimentfeed), the cryptocurrency market has seen mostly sideways price movements at the beginning of the week, with traders closely monitoring key narratives. The most significant driver is the upcoming speech by US Federal Reserve Chair Jerome Powell, scheduled for Monday. Social media discussions highlight that Powell’s comments are expected to influence both risk appetite and short-term volatility in Bitcoin and altcoin markets, as traders anticipate signals on future monetary policy and rate decisions. This focus on macroeconomic policy is creating a cautious trading environment, with low volatility and reduced trading volumes across major cryptocurrencies (source: Santiment, June 2, 2025).

According to AltcoinGordon, Donald Trump publicly criticized Federal Reserve Chair Jerome Powell for delayed interest rate decisions, labeling him 'too late Powell.' This criticism highlights ongoing uncertainty in US monetary policy, which historically increases Bitcoin and crypto market volatility as traders hedge against fiat instability (source: AltcoinGordon on Twitter, May 18, 2025). Active traders should monitor Fed policy statements, as further political pressure could lead to sharper price swings in leading cryptocurrencies.

According to Material Indicators (@MI_Algos), Bitcoin liquidity levels are showing significant positioning ahead of Jerome Powell's upcoming speech, with on-chain order book data indicating that traders are bracing for heightened volatility. Current BTC order flow reveals strong support between $62,000 and $63,000, while notable resistance is seen near $65,500, suggesting that traders are preparing for sharp price movements in response to potential monetary policy statements. This pre-speech liquidity arrangement highlights increased market sensitivity to Fed commentary, which may directly impact crypto volatility and trading opportunities (Source: Material Indicators, x.com/i/broadcasts/1…).

According to Michaël van de Poppe (@CryptoMichNL), gold has experienced a clear trend switch, correcting by 8% since its peak. This movement is driven by recent negative macroeconomic data, which has increased pressure on the Federal Reserve to consider monetary easing. While this environment may benefit risk-on assets like equities and cryptocurrencies, it signals short-term bearish momentum for gold as traders shift focus. Source: Michaël van de Poppe via Twitter (May 1, 2025).