Fed Rate Cut News: How Powell's Words Could Move BTC, ETH, and Altcoins

The article previews the Fed interest-rate decision and Jerome Powell’s speech as the key catalyst for crypto markets. The CME FedWatch Tool shows a 100% probability the Fed will hold rates at 3.50%–3.75%, so market reaction will hinge on Powell’s tone. A hawkish tone could lift the dollar and yields and pressure risk assets, causing 5–10% downside moves in crypto; a dovish tilt could weaken the dollar, lower yields and spur rallies in Bitcoin, Ethereum and altcoins. Bitcoin is trading near $77,044, holding key support around $73,500; traders watch a breakout above $80,646 (next resistance ~$86,549) for bullish momentum, with a longer-term target cited at $100,739. The piece frames outcomes for ETH and XRP alongside Bitcoin, stressing Powell’s comments as the immediate market driver.