List of Flash News about sideways Bitcoin price
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2025-06-02 21:36 |
Top Crypto Market Narratives This Week: Jerome Powell’s Speech and Sideways Bitcoin Price Action
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). |