#BinanceSquareCreatorAward ..Save all your money... prepare for the 3rd quarter bomb... Stablecoins hit new record in volume of $169 BILLION, shows confidence in the market...Important moments are coming, in the most VOLATILE market in the World, CRYPTO.!!!
What was said:
Fed Chairman Powell...announced
the long-awaited rate cut... will happen in September:
According to Powell, the timing and module of the cuts "will depend on the incoming data", that is, they will be based on the trend and response of the markets...
The impact on the market trend
This was seen as a good omen, as the market quickly priced in four 0.25% rate cuts today, Friday, after the Fed Chairman
said the central bank has "ample room" to maneuver as policy enters its next phase.