Powell’s Jackson Hole Speech: Markets Cheer, Crypto Soars — But Can It Last?
With Fed Chairman Jerome Powell's speech in Jackson Hole, a very clear signal was given in the financial markets: the Fed may adopt a more flexible stance. This particularly strengthened the possibility of easing in interest rate policies. The result? Record highs in stock prices, declines in bond yields... and of course, a strong rebound in crypto assets.
What Happened in the Crypto Front?
• Bitcoin (BTC) has risen above 116,000 USD after Powell and is currently trading at around 115,743 USD.
• Ethereum (ETH) exper
View OriginalWith Fed Chairman Jerome Powell's speech in Jackson Hole, a very clear signal was given in the financial markets: the Fed may adopt a more flexible stance. This particularly strengthened the possibility of easing in interest rate policies. The result? Record highs in stock prices, declines in bond yields... and of course, a strong rebound in crypto assets.
What Happened in the Crypto Front?
• Bitcoin (BTC) has risen above 116,000 USD after Powell and is currently trading at around 115,743 USD.
• Ethereum (ETH) exper