The following is the price movement of Crypto Assets after the last five speeches by Powell:

1. August 23, 2024 Speech: Market expectations suggest that Powell may hint at a rate cut. After the speech, Bitcoin briefly touched the $65,000 level but then retraced. In the early hours of August 28, Bitcoin fell below the $58,000 level, with an intraday decline of over 7%. Ethereum also temporarily fell below $2,400, reaching a low of $2,388, with an intraday decline of over 9%.

2. November 14, 2024 speech: Powell made a hawkish speech, emphasizing the determination to control inflation and not rushing to cut interest rates. The price of Bitcoin sharply dropped from $91,846 to $88,289, and then continued to decline to a low of $86,700, with a drop of over $5,000.

3. December 19, 2024 speech: The Federal Reserve announced a 25 basis point rate cut, but Powell said the Fed is close to slowing down the rate cut. Bitcoin fell below the $100,000 mark at one point, dropping by about 2.38% in 24 hours; Ethereum fell by 3.78%, Ripple (XRP) fell by 5.92%, Solana (SOL) fell by 1.96%, and Dogecoin (DOGE) fell by 5.03%.

4. Speech on December 24, 2024: Powell clearly stated that the US Federal Reserve will not make significant interest rate cuts in 2025, and prices of Bitcoin and other major assets plummeted. Bitcoin fell to $93,245 within a few days after the speech, a nearly 13% drop from a week ago.