Price Analysis
  • Sahana Vibhute
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    A passionate cryptocurrency and blockchain author qualified to cover every event in the crypto space. Researching minute occurrences and bringing new insights lie within the prime focus of my task.

    • 2 minutes read

    Bitcoin & Ethereum Brace for Powell’s Speech: Will a Hint of Easing Spark the Next Crypto Rally?

    Story Highlights
    • The crypto market is consolidating ahead of the Powell’s speech scheduled in few hours from now, which may raise volatility

    • Any clear reference to easing or policy adjustment from Powell could trigger a crypto-wide rally, led by BTC and ETH.

    The spotlight today is firmly on Federal Reserve Chair Jerome Powell, who is scheduled to speak at 12:20 PM ET, in what could be a pivotal moment for both traditional and crypto markets. Investors are bracing for any mention of monetary easing—a term that could reignite bullish sentiment across risk assets. With the US dollar index (DXY) cooling near 105.1 and Treasury yields dipping, the setup is ideal for a liquidity-driven rally if Powell strikes a dovish tone.

    The last time Powell hinted at easing, Bitcoin surged over 6%, while Ethereum posted a 4% weekly gain. Traders are now watching closely for clues on when the Fed may start cutting rates, which could unleash a fresh wave of capital into crypto.

    Bitcoin (BTC) Price Analysis

    Bitcoin price currently trades around $112,700, consolidating after rebounding from last week’s $126,199 high. The whales and the institutions have been constantly accumulating, signalling the rising interest in the token. 

    Bitcoin price

    If Powell signals readiness for easing, BTC could rally toward $116,500–$117,000, its next key resistance range. A stronger-than-expected dovish statement might even push it toward $119,500. However, if Powell stresses inflation risks or dismisses near-term rate cuts, BTC may slide below $110,000, erasing short-term gains.

    Ethereum (ETH) Price Analysis

    The Ethereum price trades near $4000, holding firm despite recent market volatility. According to some data, staking inflows have risen by 3.2% this week, reflecting sustained confidence among long-term holders. ETH’s derivatives volume has also grown 8% week-on-week, pointing to renewed speculative interest.

    ethereum price

    A dovish Powell could propel ETH back toward $2,550 and possibly $2,700 in the coming sessions. On the flip side, a cautious tone could trigger a retest of the $2,250 support.

    Final Thoughts

    As Jerome Powell prepares to address the markets, the crypto community stands on edge. Bitcoin and Ethereum have entered a critical zone where macro cues could determine their next decisive move. A dovish signal—even a subtle acknowledgment of easing—could act as the spark that propels both assets into a new bullish phase, reaffirming crypto’s sensitivity to global liquidity trends. However, if Powell reiterates his cautious stance or emphasizes inflation control, the market may retreat into consolidation.

    In essence, today’s speech could mark the turning point for crypto’s next big trend—bullish if liquidity returns, stagnant if caution prevails.

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