Powell's Last Jackson Hole Speech Could Be a Big 1
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Bitcoin’s strong reaction to the Fed chair’s comments on the US economy and the bank’s monetary policy plans has traders predicting a rally to $200,000.
OKB surged to a new all-time high, Kanye West's YZY crashed, and Bitcoin fell below $113K ahead of Jerome Powell's Jackson Hole speech.
Bitcoin rose more than 2% on Friday after Federal Reserve Chair Jerome Powell signaled it may be time to cut interest rates amid mounting concerns about the labor market during his speech at the central bank’s Jackson Hole symposium.
Ether, the second-largest cryptocurrency, surged 14% on Friday after Fed Chair Jerome Powell’s Jackson Hole remarks renewed hopes of an