According to The Kobeissi Letter, Fed Chair Powell stated on June 18, 2025, that the Federal Reserve is likely to reach a point where rate cuts become appropriate, but emphasized the need to wait a couple of months for more informed decisions. Powell highlighted expectations of a 'meaningful' increase in inflation in the coming months and noted that unemployment remains steady. These comments are critical for traders, as lower interest rates historically boost risk assets like Bitcoin (BTC) and Ethereum (ETH), while rising inflation may drive further interest in cryptocurrencies as a hedge. The crypto market could see increased volatility in response to future Fed actions. Source: The Kobeissi Letter on Twitter.

According to Skew Δ, Federal Reserve Chair Jerome Powell's latest comments indicate that the Fed will maintain its current policy stance until a significant catalyst compels action, signaling confidence in economic data and projections for now (source: @52kskew, June 18, 2025). Powell emphasized the central bank's dual mandate of maximum employment and price stability. This steady approach has helped calm market volatility, with implications for cryptocurrencies like BTC and ETH, as traders anticipate that stable interest rates may support risk-on sentiment in the digital asset space.

According to Material Indicators, FireCharts data shows that Bitcoin bid liquidity above $93,000 has been replenished overnight. This suggests strong buy-side interest at key support levels, which could help bulls defend the 'YO' support if bids continue to accumulate in the coming hours. However, the latest comments from Powell may act as a catalyst for retesting recent lows, making the sustainability of this renewed liquidity critical for short-term price action. Traders should closely monitor how bid stacking evolves as it could influence immediate Bitcoin price movements. (Source: @MI_Algos)

According to The Kobeissi Letter, the Financial Times reported that the Fed is 'absolutely' ready to stabilize the market if needed, leading to a sharp rally perceived as the emergence of the 'Fed put.' However, recent comments by Powell push back on this view, indicating potential volatility in cryptocurrency markets.