🚨 BREAKING: 🇺🇸 FED CHAIR JEROME POWELL SAYS BITCOIN IS A | AsterBoy Crypto Desk on Binance Square

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🚨 BREAKING:
🇺🇸 FED CHAIR JEROME POWELL SAYS BITCOIN IS A COMPETITOR TO GOLD, NOT THE US DOLLAR.
$BTC 
BTC
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+2.75%
$ETH 
ETH
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+3.33%
$BNB 
BNB
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+2.32%

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🚨 BREAKING: JPMORGAN CEO JAMIE DIMON SAYS: "EUROPE HAS REAL PROBLEM. THEY'VE DRIVEN BUSINESS OUT, THEY'VE DRIVEN INVESTMENT OUT, THEY'VE DRIVEN INNOVATION OUT." $BTC $ETH $BNB

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🚨 BREAKING: 🇺🇸VICE PRESIDENT JD VANCE SAYS BITCOIN IS SECURE, SAFER FROM FRAUD, AND A DIGITAL STORE OF VALUE. $BTC $ETH $BNB

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🚨 BIG WEEK AHEAD FOR CRYPTO HOLDERS 🚨 The upcoming week will decide the crypto market direction for this month, and here are some major events. On Dec 9, the JOLTs job openings data will be released with an expectation of 7.2M It tells us how strong the labor market really is. Below 7.2M = weakening jobs → more rate-cut room → bullish for liquidity. Above expectations = Labor market recovering, which will lower the rate cut odds in 2026. On Dec 10, the FOMC rate cut decision will happen. The market is expecting a 25BPS rate cut with a 94% probability. This means the rate cut has been almost priced in, so it won't move the markets much. The real market-moving moment is Powell’s speech. Bank of America expects Powell to hint at “reserve management purchases,” meaning fresh liquidity injections to stabilize small-bank funding stress. This would help normalize SOFR and support liquidity across markets. If Powell sounds dovish and says that inflation is calming, tariffs haven’t changed the trend, and labor is softening, it'll give markets the green light to expect more cuts. But if he sounds hawkish, similar to the last FOMC meeting, Bitcoin and alts will dump. On Dec 11, PPI inflation data will be released. Hot PPI = Short-term risk-off. Soft PPI = Confirms inflation is cooling → bullish. Why does this matter for BTC and alts? Bitcoin prices move with yields and the dollar. • Lower yields = BTC up • Weaker dollar = BTC up • Higher liquidity = BTC up When Powell turned dovish in past cycles and inflation softened, BTC was the first asset to rally. ETH follows next, and altcoins gain strength once liquidity expectations rise. If Powell delivers a dovish message and softer inflation, Bitcoin could break out of its current range, and altcoins could finally catch a trend. If he turns hawkish, there'll be more pain in the markets. $BTC $ETH $BNB

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🚨 BREAKING: JPMORGAN SAYS IT IS STICKING TO ITS BITCOIN VS GOLD MODEL TARGET, WHICH WOULD SEE BTC HIT $170,000 OVER THE NEXT YEAR $BTC $ETH $BNB

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