FOMC minutes today: Will Jerome Powell speech boost crypto prices?

**FOMC Minutes Release: Jerome Powell's Speech Could Trigger Major Crypto Market Rally**

Cryptocurrency markets are experiencing heightened volatility as investors await today's Federal Open Market Committee (FOMC) minutes release, featuring Fed Chair Jerome Powell's pivotal speech. This announcement represents the most significant short-term catalyst for Bitcoin, Ethereum, and the broader digital asset ecosystem in recent weeks.

Market analysts predict Powell's monetary policy statements could dramatically impact cryptocurrency prices, with Bitcoin potentially breaking key resistance levels if dovish signals emerge. The crypto community is closely monitoring any hints about interest rate adjustments, as traditional monetary policy directly influences risk-on assets like blockchain-based investments.

DeFi protocols and altcoins are showing increased trading volume ahead of the announcement, with institutional investors positioning themselves for potential market swings. Historical data suggests FOMC meetings often trigger 5-15% price movements across major cryptocurrencies within 24 hours.

Traders are particularly focused on Powell's inflation commentary and future rate trajectory, as lower interest rates typically boost cryptocurrency adoption and investment flows. The outcome could determine whether Bitcoin maintains its current support levels or breaks into new bullish territory, affecting the entire digital asset market landscape.