Why Cryptocurrency Market Rallied After Powell's Speech

(MENAFN- Investor Brand Network) Bitcoin experienced a
nearly 5% boost
as last week ended, reflecting a broader rally in the Cryptocurrency market. The surge follows remarks from the federal Reserve chair, Jerome Powell, on Friday, where hints of potential interest rate cuts sparked excitement among investors.

In his address, Powell highlighted that the job market has begun to show signs of easing, remarking that the conditions are currently less tight than they were prior to the pandemic. He added that the shift...

Read More>>

About CryptoCurrencyWire

CryptoCurrencyWire
(“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 60+ brands within
the
Dynamic Brand Portfolio
@
IBN
that delivers :
(1) access to a vast network of wire solutions via
InvestorWire
to efficiently and effectively reach a myriad of target markets, demographics and diverse industries ;
(2) article and
editorial syndication to 5,000+ outlets ;
(3) enhanced
press release enhancement
to ensure maximum impact ;
(4)
social media distribution
via IBN to millions of social media followers ;
and (5) a full array of tailored
corporate communications solutions . With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today's market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from CryptoCurrencyWire, text“CRYPTO” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit

Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published:
/Disclaimer

CryptoCurrencyWire
New York, NY

212.994.9818 Office
[email protected]

CryptoCurrencyWire is powered by
IBN

MENAFN10012025000224011066ID1109075719