When asked which cryptocurrency he would primarily invest in between Ethereum and Solana, Hayes responded that both digital assets would appreciate during the bull run. However, he revealed that he was more partial to Ethereum, highlighting that the scale of capital chasing ETH made it a more attractive bet.
The Fed chair also reiterated that with policy already in restrictive territory, the central bank can “proceed carefully.” Nevertheless, his comments left the door open for an adjustment in stance, with markets widely interpreting them as laying the groundwork for a rate cut at the upcoming FOMC meeting.
Featured image from Unsplash, chart from TradingView
