Fed Chair Powell Speech Today at Economic Outlook Luncheon

Powell speech today is expected to give important clues about the U.S. economy, inflation, and Federal Reserve policies.

Traders around the world are watching closely as Fed Chair Jerome Powell speaks at the Greater Providence Chamber of Commerce’s 2025 Economic Outlook Luncheon.

The speech will be live at 12:35 p.m. ET, and investors are expecting strong market reactions .

U.S. stock markets are reaching new all-time highs, with the Dow Jones, S&P 500, and Nasdaq hitting highs.

Recent Fed rate cut projections indicate the federal funds rate to close out 2025 at 3.6%, with two additional rate cuts projected this year.

Rates in 2026 and 2027 will slowly decline to 3.4% and 3.1%. Powell's address will provide insight into future interest rate strategy and overall economic outlook.

Impact on Crypto Market

The crypto market tends to respond quickly to Fed news, and the same is true today. Bitcoin and altcoins can expect strong price fluctuations following Powell speech today.

• Bitcoin's dominance is at 57.74% and restricts altcoin growth.

• Altcoin Season Index went to 66, increasing by 4.76% in the last 24 hours.

Some tokens and DePIN projects associated with AI have fared even better, appreciating more than 31% in the past 90 days.

Ethereum's price as well as dominance are also worth keeping an eye on.

• The ETH/BTC pair might determine how the altcoins trend.

• Ethereum is currently at 12.99% dominance, which is near its lowest point this year.

A breakout above support could give altcoins a boost. Traders are watching Binance-driven liquidity and derivatives trading, which may affect short-term price moves.

Key Levels to Watch

During Powell speech today , traders should watch significant price levels.

Bitcoin: For Bitcoin, $115,000 is a significant resistance level that may challenge ETF inflows against derivatives volatility.

Ethereum: Ethereum's support level at $3,784 and BNB's psychological level at $1,000 are also significant. Breaching these levels may unleash quick price moves.

Whale activity as well as news of regulation will also have an effect on stability in the medium term. Traders should be careful since crypto markets are still partly correlated with Nasdaq, at a correlation of -0.13.

What to Expect for Crypto Traders

Expect volatility shortly after Fed Chair Powell speech today. Prices may oscillate as investors respond to remarks on inflation, employment, and economic forecasts.

Short-term crypto performance will be shaped by derivatives trading, ETF flows, and broader market sentiment.

Source: CoinMarketCap

The current crypto market cap stands at $3.9 Trillion, with an increase of 0.05% as per the CoinMarketcap.

Today's address is more than an economic briefing. It is a turning point for traders to observe how Fed policy can influence both traditional financial markets and cryptocurrencies.

Conclusion

Briefly, Powell speech today will shed important light on the U.S. economy and interest rate intentions. Bitcoin's short-term direction, Ethereum support levels, and altcoin rotation all rest on Powell's words.

Investors need to be prepared for volatility, monitor important price levels closely, and pivot strategies judiciously.