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List of Flash News about Jerome Powell rate decision

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2025-05-07
12:03
Jerome Powell Rate Decision Impact: Crypto Market Faces Pressure As Investors Plead For Relief

According to MilkRoadDaily, investor sentiment remains bearish as participants plead with Federal Reserve Chair Jerome Powell not to raise interest rates again. This widespread concern stems from repeated dip-buying with continued portfolio losses, as highlighted in their viral post on May 7, 2025 (source: MilkRoadDaily Twitter). Higher rates typically strengthen the US dollar and put downward pressure on both crypto and stock markets, leading to reduced liquidity and risk appetite. Traders should closely monitor upcoming Fed statements, as any indication of a rate hike could trigger further volatility and downside for Bitcoin, Ethereum, and related altcoins.

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