Powell speaks and the bread rises.

“Powell speaks and the price of bread rises.” I don't know if this metaphor, so typical of us, will resonate beyond borders, but that's exactly what happened today in the financial markets, with Bitcoin leading the party. When Federal Reserve (Fed) Chairman Jerome Powell opens his mouth at one of those suit-and-tie gatherings—like the Jackson Hole Symposium, where those supposedly in control of global finance gather to pontificate—the world listens. And the markets, like teenagers on TikTok, react instantly.

Free to use under the Pixabay Content License

Today, Powell dropped a few hints that analysts and the press interpreted as a subtle change in his stance on interest rates. It wasn't a “we're going to lower rates tomorrow,” but a wink that was enough to get the markets dancing as if they'd won the lottery. Stocks rose, bonds trembled, and, surprise, cryptocurrencies—led by Bitcoin—joined the revelry. In the blink of an eye, Bitcoin's price has surged, confirming something that a few years ago would have sounded like science fiction: cryptocurrencies, those decentralized divas who boasted of being accountable to no one, are now ultra-sensitive to the decisions of central banks. Who would have thought it?

If you like draws and you like to receive dividends, the token that has everything "SORT" has arrived.
Perpetual lottery ticket that distributes dividends 1 Ticket for every 10 Sort Tokens Gives the right to participate in multiple raffles without the need to sign up.
You can purchase your Sort tokens here:
https://hive-engine.com/trade/SORT

Disclaimer:

The information provided through this channel does not constitute financial advice and should not be construed as such. This content is for purely informational and educational purposes. Financial decisions should be based on a careful evaluation of your own circumstances and consultation with qualified financial professionals. The accuracy, completeness or timeliness of the information provided is not guaranteed, and any reliance on it is at your own risk. Additionally, financial markets are inherently volatile and can change rapidly. It is recommended that you conduct thorough research and seek professional advice before making significant financial decisions. We are not responsible for any loss, damage or consequences that may arise directly or indirectly from the use of this information.