Will Crypto Market Boom or Crash Ahead?
By: bitcoin ethereum news|2025/05/07 00:45:01
0
Share
The Jerome Powell speech is a key catalyst, impacting the crypto market significantly. The US is among the world’s top economies, so its monetary decisions affect the most financial markets. As a result, the eyes are all on the Fed’s decision, as the US interest rate decision could either crash or rally the market, especially as the Donald Trump tariff brought extreme turbulence and crashes. Jerome Powell Speech Time and Where to Watch? Jerome Powell Speech is the highlight of the FOMC meeting, taking place moments past the meeting’s conclusion at 2:00 PM. The United States Federal Open Market Committee (FOMC) is holding its 3rd meeting, led by Powell. Today’s Fed meeting will evaluate the economic conditions of the country and develop any potential changes needed for the country, including interest rate cuts. As their decision would impact the US monetary policy, all the nations are watching this event. This becomes important as investors and Trump anticipate interest rate cuts. Jerome Powell will hold a conference at 2:00 PM ET on May 7, which will be live-streamed on the Fed’s official platforms, including YouTube, X (Twitter), and even its official website. The updates on the Fed news will also be live on various social media platforms and new sites like CoinGape. However, rather than the meeting, the focus is on how it would impact the crypto market and others. What to Expect From Jerome Powell Speech and the FOMC Meeting? Bank of America predicted four interest rate cuts in 2025 and Goldman Sachs anticipated three 0.25% cuts, but the possibility of one happening in May is less likely. Even Godman reported for their timeline in July, September, and October. Polymarket reports add further confidence, as the odds of interest rate cuts in May are just 2%, and 98% odds for the ‘no change.’ Experts believe that Jerome Powell will announce steady rates in his speech at 4.25%-4.50%. That’s because there’s a strong US labour market adding 1,77,000 jobs in April, grading inflation. Moreover, the March inflation report puts it at 2.6%, which is still above the anticipated 2% target. Furthermore, the unemployment rate is also steady at 4.2%. A rate cut would make borrowing cheaper, increasing the money flow in the economy, which Donald Trump anticipates. However, the Fed’s stance is “wait and see” based on jobs and inflation data rather than sentiments. Will Crypto Market Rally or Crash? Amid the uncertainty of Fed interest rate cut decisions, the crypto market is witnessing high volatility today. Most of the cryptocurrencies, including Bitcoin price is down, as the investors’ sentiments remain fearful. The performance of the market depends heavily on Jerome Powell speech announcement. Experts like Baldwin claim that the crypto assets could witness significant volatility due to unchanged rates. He has advised investors to remain cautious for a weak period, adding to watch the Bitcoin price key support levels at $91,500–$92,000. FOMC Meeting (May 7,2025) is knocking and everyone just can’t for Powell’s speech. My outlook ahead of the Meeting: > Rate Decision Outlook: 94% chance of no change to the 4.25%–4.50% federal funds rate (CME FedWatch Tool). Hawkish Fed stance may pressure crypto prices. >... pic.twitter.com/20XFJbUDm8 — King Baldwin (@CryptoBaldwinIV) May 5, 2025 However, if the Fed cuts interest rates amid Donald Trump’s pressure, an uptrend could likely form. Notably, despite the outcome, the volatility will be high. Moreover, the upcoming FOMC meeting on June 18 and other macroeconomic events also need to be considered. Frequently Asked Questions (FAQs) The FOMC meeting is a two-day Federal Reserve event where key economic decisions, including interest rate cuts, are discussed and implemented. Jerome Powell speech will go live at 2:00 PM ET on May 7 and will be available to watch on the Fed’s YouTube channel, social media platforms, and website. As per current forecasts and reports, the chances of interest rate cuts in May are low, but there’s uncertainty due to Donald Trump’s pressure. ✓ Share: Pooja Khardia With a deep-seated passion for reading and five years of experience in content writing, Pooja is now focused on crafting trending content about cryptocurrency market. As a dedicated crypto journalist, Pooja is constantly seeking out trending topics and informative statistics to create compelling pieces for crypto enthusiasts. Staying abreast of the latest trends and advancements in the field is an integral part of her daily routine, fueling a commitment to delivering timely and insightful coverage Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss. Source: https://coingape.com/trending/jerome-powell-speech-time-will-crypto-market-boom-or-crash-ahead/
You may also like

The rivers and lakes are no more, Li Lin returns
We no longer need a larger exchange or more complex financial products; we hope to see more individuals like Li Lin in the industry, who can drive innovations that truly open up boundaries for the industry.

Earn Up to 300% APR With WEEX Auto Earn: Limited-Time Crypto Passive Income Event
Earn up to 300% APR with WEEX Auto Earn in this limited-time crypto earning campaign. Activate Auto Earn, invite friends, and unlock additional referral crypto rewards before March 25.

BitsLab Deep Production: Nanobot User Security Practice Guide
BitsLab releases AI Agent Security Guidelines: Through a three-pronged strategy of "User Review + Agent Awareness + Script Hard Interception," a zero-trust security defense line is established to prevent prompt injection and sensitive data leakage risks.

What are the common traits of people who founded a $5 Billion+ company before the age of 23?
Trauma, Neurodiversity, Cross-Domain Skills. These characteristics, which may appear as "flaws" on a traditional resume, could instead be the most important signals

Why Hasn't $160 Billion Stripe Gone Public?
The Rise of Private Placements, with Companies like Stripe Rewriting Fundraising Logic.

All the AI News You Need to Know is Here, Lyrical Officially Launches AI News Feed
Users can access key information in real time without switching pages

Bitwise: Why Bitcoin Is Destined to Impact a Million Dollars?
When people talk about Bitcoin, they often overlook one key thing.

Amid Geopolitical Turmoil, Tokenized Gold Emerges Alongside Round-the-Clock On-Chain Markets
When the stock market is closed, the on-chain becomes the sole trading and pricing outlet.

Who Longs War on Polymarket?
The Rug Pull War rages on, with the potential to earn up to 4x gains on your bet

4 AI Trading Strategy Lessons from WEEX Hackathon Finalist
Finalist Bambi shares how AI tools helped turn real trading experience into an automated strategy, why survival-first risk control shaped the system’s design, and how the approach will evolve ahead of WEEX AI Trading Hackathon Season 2.

Hong Kong Crypto Ecosystem 2.0: Stablecoins, RWA, and the New Battleground for Financial Institutions
Hong Kong is no longer just a bystander in the cryptocurrency industry, but may become the core hub of the compliant cryptocurrency market in the Chinese-speaking world and even the entire Asia-Pacific region.

Polymarket Arbitrage Bible: The Real Gap is in the Mathematical Infrastructure
While retail investors are still engaged in simple probability addition, top quantitative teams are systematically harvesting millions of dollars in arbitrage profits on Polymarket using hardcore mathematical infrastructure such as integer programming and Bregman projections.

Crypto Barbarians Jupiter Series: Still Owes the Market an Answer
This entrepreneurial team from Singapore and Malaysia has indeed demonstrated its product execution capabilities to the market over the past three years, but they have also fully arbitraged every regulatory gray area with their business logic.

Bank Card Payment vs. Stablecoin Payment: Which is More Suitable for AI Agents?
Using bank cards to serve humanity and relying on stablecoins for high-frequency micro-trading with machines: Setting aside camp biases, a mixed payment architecture is the ultimate goal of AI entities in business.

Zuck is really out of touch! He actually acquired a dated Lobster-based social platform?
The asset pool Meta can now touch is not on the same level as it was in 2012

Key Market Information Discrepancy on March 11th - A Must-See! | Alpha Morning Report
1. Top News: Iran Reportedly Plants Mines in the Strait of Hormuz, Trump Warns of "Unprecedented" Military Strike
2. Token Unlock: $IO

How to Deal with Trump? Accept this "Art of the Deal Playbook"
The U.S. macro research firm The Kobeissi Letter deconstructs its "10-Step Conflict Pattern": Verbal Pressure, Friday Night Raid, Market Triple Bottom Exploration, Conditional Downgrade... concluding with a single "trade" paper.

AI Computing Power Arms Race Intensifies: This Startup Aims to Mine Bitcoin in Space
The next battleground for AI computing power is extending into space, gradually becoming a new frontier in commercial storytelling.
The rivers and lakes are no more, Li Lin returns
We no longer need a larger exchange or more complex financial products; we hope to see more individuals like Li Lin in the industry, who can drive innovations that truly open up boundaries for the industry.
Earn Up to 300% APR With WEEX Auto Earn: Limited-Time Crypto Passive Income Event
Earn up to 300% APR with WEEX Auto Earn in this limited-time crypto earning campaign. Activate Auto Earn, invite friends, and unlock additional referral crypto rewards before March 25.
BitsLab Deep Production: Nanobot User Security Practice Guide
BitsLab releases AI Agent Security Guidelines: Through a three-pronged strategy of "User Review + Agent Awareness + Script Hard Interception," a zero-trust security defense line is established to prevent prompt injection and sensitive data leakage risks.
What are the common traits of people who founded a $5 Billion+ company before the age of 23?
Trauma, Neurodiversity, Cross-Domain Skills. These characteristics, which may appear as "flaws" on a traditional resume, could instead be the most important signals
Why Hasn't $160 Billion Stripe Gone Public?
The Rise of Private Placements, with Companies like Stripe Rewriting Fundraising Logic.
All the AI News You Need to Know is Here, Lyrical Officially Launches AI News Feed
Users can access key information in real time without switching pages