Jerome Powell's Address Boosts Likelihood of Federal Reserve Rate Reduction

Potential Rate Cuts: Federal Reserve Chair Jerome Powell indicated that there could be rate cuts in September 2025, with the odds of such a cut increasing from 74% to 90%.

Impact on Crypto Market: The anticipated rate cut is expected to enhance liquidity in the market, potentially benefiting cryptocurrencies like Bitcoin and Ethereum as investors seek risk assets.

Monetary Policy Adjustments: Powell's remarks suggest that the Federal Open Market Committee may adjust policies based on current economic conditions, including inflation and employment metrics.

Investor Sentiment: The market is closely watching the Fed's upcoming decisions, as historical data indicates that rate cuts often lead to rallies in crypto markets and increased activity in decentralized finance.