Will Powell’s Speech Trigger Bitcoin Crash or Rally?

By: bitcoin ethereum news|2025/05/06 14:15:01
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The Federal Reserve’s upcoming FOMC meeting on May 7, 2025, is drawing serious attention from crypto investors. With interest rate decisions and Powell’s speech on the agenda, the market is on edge. After a long pause following aggressive hikes in 2022–2023, the Fed began cutting rates in late 2024, bringing the current rate to 4.25%–4.50%. Now, with a 94% probability that the Fed will hold rates steady, investors are watching closely. Despite strong job numbers, inflation remains slightly high, clouding the timeline for future cuts. Experts say more rate cuts may come later in 2025, but there’s still no clear roadmap. Volatility Ahead of Powell Speech Market analyst King Baldwin shared his pre-FOMC outlook on X, pointing to the high odds of no change in interest rates. However, he warns that a hawkish tone from the Fed could send Bitcoin down to a support zone between $91,500 and $92,000. If Jerome Powell Jerome Powell Jerome Hayden “Jay” Powell is an American attorney and investment banker who has served since 2018 as the 16th chair of the Federal Reserve Finance signals a dovish stance or hints at near-term cuts, Bitcoin could rebound toward the $100,000 mark. Baldwin notes that Core PCE inflation stands at 2.6%, and recession odds are at 60%—both factors keeping investors cautious. All eyes are now on Powell’s press conference, with hopes for a June rate cut signal. Also Read : Bitcoin Bull Run 2025 at Risk as Fed Rate Cut Doubts Grow , No Rate Cut Expected, Says Michaël van de Poppe Crypto analyst Michaël van de Poppe believes a rate cut is highly unlikely at this FOMC meeting. He suggests the Fed will stay cautious due to sticky inflation. A surprise cut would shock markets. Adding to the pressure is Donald Trump Donald Trump Donald Trump is an American former president politician, businessman, and media personality, who served as the 45th president of the U.S. between 2017 to 2021. Trump earned a Bachelor of science in economics from the University of Pennsylvania in 1968. Trump won the 2016 presidential election as the Republican Party nominee against Democratic Party nominee Hillary Clinton while losing the popular vote. As president, Trump ordered a travel ban on citizens from several Muslim-majority countries, diverted military funding toward building a wall on the U.S.–Mexico border, and implemented a family separation policy. Trump has remained a prominent figure in the Republican Party and is considered a likely candidate for the 2024 presidential election President who continues to push for cuts amid rising tariffs. But the Federal Reserve is expected to focus on inflation control rather than bow to political pressure. Crypto Market Braces for Powell’s Speech Trump’s aggressive stance on trade and monetary policy is stirring debate about the Fed’s independence. With fiat volatility rising, many investors are turning back to Bitcoin as a hedge. With Powell’s speech scheduled for May 7, both traditional and crypto markets are bracing for volatility. Analysts are urging traders to avoid leverage and expect short-term turbulence. Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more. FAQs The Fed is expected to cut rates at least three times in 2025, impacting Bitcoin and other high-risk assets A hawkish stance may push Bitcoin down to $91.5K–$92K; a dovish tone could see it rebound toward $100K. Source: https://coinpedia.org/news/fomc-meeting-may-7-will-powells-speech-trigger-bitcoin-crash-or-rally/

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WEEX P2P update: Country/region restrictions for ad posting

To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.

 

I. Overview

When publishing P2P ads, advertisers can now set the following:

Allow only counterparties from selected countries or regions to trade with your ads.

With this feature, you can:

Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.

 

II. Applicable scenarios

The following are some common scenarios:

Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.

 

III. How to get started

On the ad posting page, find "Trading requirements":

Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.

 

When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:

If you encounter this issue when placing an order as a regular user, try the following solutions.

Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.

 

IV. Benefits

Compared with ads without country/region restrictions, this feature provides the following improvements.

Aspect

Improvement

Trading security

Reduces abnormal orders and fraud risk

Conversion efficiency

Matches ads with more relevant users

Order completion rate

Reduces failures caused by incompatible payment methods

V. FAQ

Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.

 

Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.

 

Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.

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