Federal Reserve Chair Jerome Powell is set to speak today, July 1, at 9:30 AM ET, and his remarks are already attracting strong attention from XRP analysts and crypto traders. Market participants are preparing for possible market movement if Powell signals any shift in the Fed’s current interest rate policy.
The speech comes after the pressure exerted by U.S. President Donald Trump, who has been leading the charge for the reduction of interest rates by the Federal Reserve to boost economic recovery.
Nevertheless, Powell has maintained high rates by focusing on a cautious approach, including continued inflation and tightness in financial markets. Powell’s appearance today is anticipated to shed new light on the Fed’s direction.
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According to crypto analyst Steph (@Steph_iscrypto), any suggestion of upcoming rate cuts could trigger a sharp rally in the crypto market. Steph noted that XRP was likely to be impacted considerably by a policy change due to its strong response to historical macroeconomic signals.
XRP has been more volatile in response to monetary events, as evident during times of financial insecurity. When interest rates move down, investors tend to become accustomed to more risky investments, including cryptocurrencies.
A more dovish Powell can be the breakout XRP traders are looking forward to.
💥 BREAKING:
FED CHAIR JEROME POWELL WILL SPEAK ON JULY 1 AT 09:30 AM ET.
IF HE HINTS AT A RATE CUT, CRYPTO & #XRP WILL EXPLODE! pic.twitter.com/KbLxuyyR1C
— STEPH IS CRYPTO (@Steph_iscrypto) June 28, 2025
Market Anticipation Builds Around Potential XRP Breakout
Digital assets have remained in a narrow trading range in recent weeks. However, many within the crypto community believe a shift in Federal Reserve policy could drive a surge in price.
Increased liquidity and weaker dollar valuations, often caused by rate cuts, tend to attract capital flows into alternative stores of value like XRP.
Also, recent adjustments to policy proposed by the Fed indicate a more lenient approach to crypto. The central bank eliminated reputational risk in the supervision framework, which enticed more banks to collaborate with digital assets.
This action has brought optimism to XRP followers, particularly given the various institutional interest in the token.
Earlier in the year, it was speculated that Powell might resign, which led to speculation that someone more amenable to crypto would serve as his replacement under President Trump. Although that did not happen, the present circumstances make the speech even more meaningful, at least to XRP investors.
Conclusion
As markets await Jerome Powell’s statement, the XRP community is watching closely for any dovish signals. A shift toward easing could ignite a major rally, with analysts warning that XRP is primed to react quickly.
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