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Will Powell Pump Markets This Week: All Eyes on FOMC Crypto Impact

By Akiyama Felix

Last Updated: Mar 17, 2025

Fact checked

By Sam Cooling

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Jerome Powell will pump crypto with his rate cuts speech after the FOMC meeting. Will Altcoin pump alongside Bitcoin in this scenario?
Disclaimer Icon
Disclaimer
Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital. 99Bitcoins may receive advertising commissions for visits to a suggested operator through our affiliate links, at no added cost to you. All our recommendations follow a thorough review process.

The crypto market is feeling bullish with anticipation as all eyes turn to the FOMC meeting. Federal Reserve Chair Jerome Powell and his rate cuts statements will ignite a pump across the market, especially Bitcoin and altcoins. The crypto community is betting on a future rate cut, predicting a Bitcoin pump.

Adding fuel to the fire, a massive $368 million Price Volume in 24h Price 7d short position with 40x leverage has grabbed headlines, hinting at market makers possibly orchestrating a shakeout. Yet, the crypto community remains bullish, viewing this as a nothing burger.

With macroeconomic winds shifting and Powell’s speech looming, the stage is set for an explosive week in the crypto market.

FOMC Meeting: Jerome Powell Bullish on Crypto

Usually, good statements by Powell are a blessing for the crypto market. If he hints at easing monetary policy or future rate cuts, risk tolerance will fly, pushing Bitcoin past its critical $83,000, a level of resilience. Traders have been noting that even a slight softening in Powell’s tone will send markets into a frenzy.

The $368 million short, opened at $84,043 per Bitcoin, will be liquidated if BTC pumps above $85,592, a threshold that bulls are eager to breach. This high-stakes play also can be viewed as market makers testing the waters, flushing out weaker hands before a rally. Analysts see this as a golden opportunity, predicting a squeeze that will catapult prices higher as shorts scramble to cover.

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Furthermore, market sentiment is assisted by recent CPI data, with inflation cooling faster than expected. This strengthens the case for a better for-the-market Fed stance, as lower inflation pressures reduce the need for aggressive rate hikes. Eventually, this will pave the way for a risk-on environment, where Bitcoin and altcoins thrive, with the potential of a golden cross rally.

The general economic backdrop also favors a crypto upswing. With a 99% chance of rates holding steady, any bullish surprise from Powell will act as a catalyst. Moreover, traditionally, FOMC meetings with softer rhetoric have triggered immediate pumps as reactions.

Jerome Powell will pump crypto with his rate cuts speech after the FOMC meeting. Will Altcoin pump alongside Bitcoin in this scenario?

(source)

Market makers’ potential shakeout adds an intriguing twist. The leveraged short position could backfire spectacularly if Bitcoin breaks upward. Some point to historical patterns where large shorts are mostly the start of sharp rallies, as trapped bears go for a buying spree. This dynamic will strengthen the FOMC’s impact, turning a hint into a full-blown market pump.

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Bitcoin Run to Start the Altcoins Rally

Bitcoin’s resilience is another key factor. Despite recent volatility, it’s clawing back from a $76,000 low to hover near $83,000. A weekly close above $81,000, is signaling its strength that attract more buyers. Coupled with Powell’s bullish statements, the market will propel Bitcoin above $90,000 and more, dragging altcoins along for the ride.

Jerome Powell will pump crypto with his rate cuts speech after the FOMC meeting. Will Altcoin pump alongside Bitcoin in this scenario?

(source)

The altcoin market is also primed for action. Recent formations show a massive pump is imminent. Simultaneously, if Powell’s bullish speech aligns with expectations of future easing, altcoins will outperform. The crypto community is bullish about this synergy, viewing the FOMC meeting as a springboard for a crypto breakout.

Global trade tensions and tariff talks are also taking a backseat to the Fed’s narrative this week. Crypto bulls argue that a blessing from Jerome Powell will overshadow these concerns. It will boost confidence in digital assets as a hedge.

Therefore, the market’s focus is laser-sharp on the Fed, with sentiment leaning heavily toward an upside surprise.

In short, the FOMC meeting will be the spark that lights up the crypto market. Jerome Powell, combined with a big short squeeze and strong technicals, sets the stage for an explosion.

Cryptobros are ready, and the consensus is clear. This is a game-changer week for Bitcoin and beyond.

Shorters are about to get caught just like what happened in the GME squeeze.

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Key Takeaways

  • Bitcoin is expected to pump with Powell’s speech on rate cuts.
  • Altcoins set to pump alongside Bitcoin.
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    Akiyama Felix
    Akiyama Felix
    Crypto Journalist

    Felix Akiyama is a True Veteran, Originating From the Crypto Class of 2018. A former visual effect artist turned to onchain degen and Vitalik Loving ETH maxi. Felix is notable in the VFX world for being one of the few... Read More

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