Jerome Powell's ALARMING News On Bitcoin And XRP

Jerome Powell's announcements and actions as the Federal Reserve chairman will have a significant impact on the crypto market and overall market stability, potentially leading to market turmoil and impacting the price of Bitcoin.

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✩ CHAPTERS ✩
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00:00 Jerome Powell's announcements will impact the crypto market, as Federal Reserve actions influence all markets, causing Bitcoin price fluctuations and potential market bubble.

01:56 Bitcoin ETFs and speculators have inflated the crypto sector and technology stocks, making the markets fragile and susceptible to collapse, despite the apparent strong performance of the US economy.

02:59 Jerome Powell's claim of strong progress on inflation is not accurate, as recent data shows a worrying trend of rising inflation over the last 3 months.

03:48 Jerome Powell claims the employment rate is at its highest in 100 years, but is this accurate and is it a good thing?

04:46 Employment rates dropped during the pandemic, despite immigration boosting them, and consumer credit card debt is at all-time highs, leading to record levels of unemployment and debt, while inflation remains a concern.

06:09 Jerome Powell may raise interest rates due to rising inflation, causing market turmoil and impacting the price of Bitcoin.

07:15 Interest rates are rising, but there's incredible news for viewers about market instability.

07:29 Jerome Powell warns about Bitcoin and XRP, emphasizing the potential for significant returns during price volatility.
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