Markets just had an interesting final hour. Equity indices pushed to session highs right as Powell started talking about potential rate adjustments.

The timing wasn't coincidental—traders were clearly parsing every word from the Fed chair. When he opened the door to discussing rate cut scenarios, risk-on sentiment kicked in hard. You could see it in the tape: steady climb in the last 60 minutes of trading.

This matters for crypto folks too. Fed policy drives liquidity conditions across all risk assets. When traditional markets price in easier monetary policy, that typically flows through to digital assets with a lag. Not saying we'll see an immediate pump, but the macro backdrop is shifting.

Worth watching how this develops. If the central bank's tone continues softening, we might see capital rotation patterns change over coming weeks.