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Cryptocurrency News Video
Jerome Powell's ALARMING News On Bitcoin And XRP
Apr 24, 2024 at 01:36 am Levi
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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✩ LINKS ✩
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twitter.com/LeviRietveld
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tiktok.com/@levicryptotiktok
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https://discord.gg/yrkCPakdMN
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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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#crypto #bitcoin #altcoin #altcoins #cryptonews #cryptotrading #ethereum #investing #trading #xrp #btc #ripple #ripplexrp #ripplenews #blackrock
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*None of this is meant to be construed as investment advice, it's for entertainment purposes only. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
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