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Why Jerome Powell’s Talk on Inflation and Markets Could Hugely Impact Crypto and Bitcoin Prices

Why Jerome Powell’s Talk on Inflation and Markets Could Hugely Impact Crypto and Bitcoin Prices

CryptonewslandCryptonewsland2025/04/16 20:55
By:by Nicole D'souza
  • Why Jerome Powell’s talk on inflation and markets could hugely impact crypto. 
  • Analyst believe that Trump’s tariff war has pressured the Fed to announce rate cuts.
  • Bitcoin completes a bullish pattern that could soon result in a price pump.

The crypto market say a pump in prices last year when the Fed announced a rate cut. The announcement triggered Bitocin steady upward movement in Q4 of 2024 and the start of Q1 2025. Now, given the current market state, Jerome Powell is set to speak at 11:30 AM ET on inflation and markets. The stock and crypto markets prepare to expect massive volatile price movements globally. 

Why Jerome Powell’s Talk on Inflation and Markets Is Important

The start of Q2 2025 was a challenging one as it seems Trump was off to start a tariff war with the rest of the world only to suspend most of it and focus his tariff war efforts on China alone. The tariff war set trillions flowing out of both the US stock market and the crypto market only to see trillions flow back in when the war came to a pause. Meanwhile, the crypto market especially was stll recovering from the multiple market corrections it faced in Q1 of 2025. 

Initially, several analyst we’re certain that Trump pushing for tariffs was to trigger the independent entity, the Fed into announcing greater rate cuts . Trump denies that there is no inflation and the the Fed announcing a greater rate cut will stabilize the market and significantly reduce the US’s debt. What’s more many debate if this move will cancel the expected depression or if it will only delay the inevitable.

Amid such talks, reputed financial experts and economic leaders believe that a greater recession is coming for the USA and urge investors to put their funds into real assets like Bitcoin, gold, and silver. Even among the crypto community, Bitcoin maxis have only grown more closer to Bitcoin over any altcoins int he market, especially with the recent crash of Mantra (OM) price .

POWELL'S TRAPPED

Inflation's at 1.42%
Rate cuts are inevitable
Bitcoin is coiling

Last time this happened?
2021's historic bull run

Don't just watch history repeat
Be part of it this time pic.twitter.com/pALhnsGsCO

— Merlijn The Trader (@MerlijnTrader) April 16, 2025

Coming back to Powell’s talk, As we can see from the post above, this trader believes that Powell is trapped and that he has no choice but to announce a rate cut. If he does announce a rate cut, then Trump’s gambit will have paid off. The post highlights how inflation is at 1.42%, how Bitcoin is coiling, and hw last time this played out it led to the 2021 bull run. The majority of the crypto market are eagerly awaiting Powell’s speech and expect volatile or explosive crypto price action soon.  

Bitcoin’s Descending Broadening Wedge

#Bitcoin Descending Broadening Wedge Update 💥

The pattern is currently playing out as expected.

Reminder: FED Chair Jerome Powell speaks today. Expect volatility. pic.twitter.com/oG7O9PswKh

— Titan of Crypto (@Washigorira) April 16, 2025

As we can see from the post above, Bitcoin prepares for a bullish upward rally . The analysts confirms Bitcoin’s descending broadening wedge pattern heading into a bullish upturn. If Powell’s rate cut announcement comes through, it could act as a trigger for this bull pattern to play out for Bitcoin (BTC) .

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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