- Jerome Powell hinted at interest rates potentially slowing down.
- Prices in the crypto and equity markets responded positively to the announcement.
- There may be strong bullish support leading up to December 13-14 FOMC meetings.
Following Jerome Powell’s rare encouraging 2022 announcement for markets recently, the crypto and equities markets responded immediately as prices in both markets surged. The price surges come shortly after Powell hinted that interest rate hikes were potentially slowing down.
Equity and crypto prices Source: Santiment
The crypto market intelligence firm, Santiment, tweeted this morning that this slight reversal of market sentiment may result in strong bullish support for the crypto mark ...
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