CryptoJerome Powell Today’s Jackson Hole Speech: Rate Cuts or...

Jerome Powell Today’s Jackson Hole Speech: Rate Cuts or Inflation Nightmare? Crypto Hangs in the Balance

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Jerome Powell is going to be stepping up at Jackson Hole today, delivering a speech that the market been waiting for weeks. He will lay out the Fed’s view on the economy, a shifts in policy and cooling inflation for a softening job market.

As his term comes to an end, this talk will carry weight, especially under political heat. Crypto players are especially locked in, as Powell’s words often ripple through the market like a domino effect.

As we know, for months before today’s speech, the Federal Reserve chair has ignored demands from Donald Trump to cut interest rates and defied the US president’s calls to resign. So expectation on his speech will revolve a lot around inflation trends.

For now, data is showing the inflation at about 1% above the 2% target, resulted by tariffs complication. However, Powell may address balancing price stability with employment goals.

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Crypto Market Is Expecting A Bullish Jerome Powell Speech

The policy framework review comes every five years, and Jerome Powell can move away from flexible average inflation targeting toward a more preemptive stance against shocks in his speech.

Odds sit at 73-75% for a 25 basis point rate cut in September, but some Fed officials push back, citing persistent services inflation. Wall Street sees mixed signals. And everyone is expecting a dovish tone that will confirm easing, boosting equities and crypto. Hawkish vibes though, could pull risks closer and delaying cuts.

Crypto hangs on liquidity cues with rate cuts, meaning cheaper capital, drawing people to crypto and high-risk assets.

However, recent dips show nerves ahead of the speech as Bitcoin fell 10% from its $124K peak to $112K today. Earlier this week, Ethereum follows suit, down to around $4,100 before bouncing back to $4,300 level.

If Jerome Powell nods to a cut in his speech, expect a rally and Bitcoin will likely rebound toward highs, followed by altcoins run. Neutral or tight policy will extend sideways charts action.

Bitcoin
Price
Market Cap
BTC
$2.33T
24h7d30d1yAll time

The crypto traders? They are anticipating volatility and hedging with options, expecting swings.

Powell’s balanced view on data will surely leave room for interpretation, keeping crypto on edge through the September Fed meeting. This speech will shape the market reactions.

Crypto is known to be sensitive to Fed moves.

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Another BNB All Time High

Akiyama Felix

By Akiyama Felix

BNB records another ATH at $884. Go BNB!

Binance Coin
Price
Market Cap
BNB
$132.69B
24h7d30d1yAll time

Crypto Is Back After Powell Jackson Hole Speech

Akiyama Felix

By Akiyama Felix

Rate cut may be justified given rising concern about job market. – Jerome Powell

Following Powell’s statement, the crypto market is going back up with Bitcoin going as high as close to $115K, or 2,3% jump since yesterday. Ethereum, on the other hand, up by 7% to $4,570. a 7% gain in 24 hours.

Ethereum
Price
Market Cap
ETH
$579.79B
24h7d30d1yAll time

Crypto Drop Just Hours Before Powell’s Speech

Akiyama Felix

By Akiyama Felix

Bitcoin has just dropped to $111,000 level with Ethereum and Solana following with significant drops. Both Ethereum and Solana experienced a 1% drop, with Ethereum trading at $4,100 level, and Solana at under $180.

Will Powell’s speech save crypto this time?

Solana
Price
Market Cap
SOL
$108.65B
24h7d30d1yAll time

Eric Trump Going To Japan Next Month for Crypto

Akiyama Felix

By Akiyama Felix

While the market is expecting a Powell speech at Jackson Hole later today, Eric Trump is planning for a Japan ‘Metaplanet’ visit next month to push crypto adoption. Bullish!!

The post Jerome Powell Today’s Jackson Hole Speech: Rate Cuts or Inflation Nightmare? Crypto Hangs in the Balance appeared first on 99Bitcoins.





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