🚨 Jerome Powell may wait for the new data before signaling price movements
The cryptocurrency market was expecting clear signals from the Federal Reserve, but now analysts believe that Federal Reserve Chair Jerome Powell may hold off before giving any direct indication about rate cuts.
Instead, he may wait for new economic data - especially payroll numbers and the CPI inflation report set to be released in January.
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Why might Powell wait?
Powell wants to remain flexible.
If inflation falls and job data weakens, the Federal Reserve may lean towards rate cuts.
If the data comes in strong, the Federal Reserve may postpone easing.
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What this means for the market
Until January, the market may remain confined and volatile, with sudden pumps or drops based on expectations, not on announcements.
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The impact on cryptocurrency
No clear signal on price = sideways movement
January data becomes the true critical factor
Soft CPI → crypto pump
Hot CPI → risk of correction
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