Bitcoin 
Ethereum 
Tether 
BNB 
XRP 
USDC 
Solana 
TRON 
Lido Staked Ether 
Figure Heloc 
Bitcoin price traded below $90,000 as investors braced for Jerome Powell’s post-FOMC speech that could trigger volatile swings toward key BTC price levels.
💡 DMK Insight
Bitcoin’s dip below $90,000 is a critical moment for traders as Powell’s speech looms. With BTC currently at $88,989, the market is on edge, anticipating potential volatility. Traders should watch for key support around $85,000 and resistance near $92,000. Powell’s comments could either bolster or undermine market sentiment, impacting not just Bitcoin but also correlated assets like Ethereum and altcoins. If Powell hints at tighter monetary policy, we could see a sharp sell-off, while dovish remarks might fuel a rally back above $90,000. It’s worth noting that this isn’t just about Bitcoin; the broader crypto market often reacts to macroeconomic cues. Traders should keep an eye on the dollar index and bond yields as well, as these can influence crypto flows. The real story is how quickly the market reacts post-speech—watch for immediate price action around those key levels.
📮 Takeaway
Monitor BTC’s reaction to Powell’s speech; key levels to watch are $85,000 support and $92,000 resistance.
