In a significant show of international solidarity, central bankers from major economies have publicly backed Fed Chair Jerome Powell despite ongoing Department of Justice scrutiny. This coordinated support underscores confidence in Powell's monetary policy direction at a critical time for global markets. The international backing suggests stability in key economic policies—a factor closely watched by crypto traders tracking USD strength, inflation trends, and broader financial system health. Powell's stance on interest rates and liquidity directly influences Bitcoin, Ethereum, and altcoin valuations. The controversy hasn't deterred central bank confidence in his leadership, signaling continuity in the policy framework that shapes market conditions for both traditional finance and digital assets.

BTC3,57%
ETH6,82%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
AirdropHunter420vip
· 8h ago
Hmm... Powell has stabilized the situation. Now the crypto market has a reason to rise again, right? When the interest rate policy moves, the entire market has to follow suit. Truly impressive.
View OriginalReply0
AlphaWhisperervip
· 8h ago
Haha, central banks around the world are teaming up to support Powell. Basically, they don't want the global financial system to go haywire.
View OriginalReply0
LiquidityWhisperervip
· 9h ago
Hmm... Powell has stabilized this round, and the global central banks are all on the same side. Now the crypto world can breathe a sigh of relief.
View OriginalReply0
WealthCoffeevip
· 9h ago
Global central banks are banding together to support Powell. This guy is really steady. DOJ can investigate anytime, no one is afraid anyway... By the way, this is a big positive for the crypto world. Only with stable interest rate policies can BTC fly properly.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt