The post Best New Crypto Coin to Buy Now as SPX6900 Pumps After Fed Chair Powell Confirms Rate Cuts appeared on BitcoinEthereumNews.com.

Federal Reserve Chair Jerome Powell signaled that interest rate cuts could arrive this year, sparking fresh optimism in the crypto market. The news fueled a broad rally as Bitcoin and Ethereum posted gains. Meme coins also benefited, with Dogecoin rising 8% and SPX6900 (SPX) climbing nearly 10% in the past 24 hours to hit $1.43. Riding this momentum, TOKEN6900 has emerged as the best new crypto coin to buy. Inspired by SPX6900, the project is building hype through a fast-growing presale and a vibrant community that keeps the buzz alive. Source – 99Bitcoins YouTube Channel SPX6900 Surges After Powell Speech as Analysts Eye $2 Target Jerome Powell, Chairman of the U.S. central bank, gave a highly anticipated speech hinting at a shift in monetary policy. He said that “the balance of risks appears to be shifting,” which shows the Fed feels less pressure from runaway inflation. Many analysts now believe the Fed is ready to cut rates for the first time this year. Most expect a 25-basis-point cut in the federal funds rate during the next Federal Open Market Committee (FOMC) meeting on September 16. BREAKING: 🇺🇸 Fed Chair Powell delivers Jackson Hole keynote. 🎙️ Powell: “The shifting balance of risks, may warrant adjusting our policy stance.” 📈 pic.twitter.com/HyiqRva3fZ — Bitcoin.com News (@BTCTN) August 22, 2025 The Fed’s dovish tone sparked rallies across financial markets, lifting major indices like the S&P 500 and the Dow Jones Industrial Average. The crypto market reacted even faster, with meme coins seeing one of the biggest boosts. Their combined market cap jumped 3.6% in the past 24 hours. SPX6900 stood out as one of the top performers. It outpaced other meme coins, even Dogecoin (DOGE), which only gained 8% over the same period. The token, a parody of the S&P 500 stock index, relies…

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Filed under: News - @ August 23, 2025 4:28 pm