August 22, 2025 11:13:13 UTC
Powell Speech Today Could Shake Markets, But ETH Rally May Follow
Fed Chair Jerome Powell’s speech at the Jackson Hole Summit today could trigger volatility across markets. Similar events in 2023 and 2024 sparked sharp reactions as investors braced for hawkish signals. This year, fears remain high, with a September rate cut probability at 71%. But history shows what comes after—Ethereum staged big rallies following Powell’s remarks in the past. Many believe a similar ETH surge could follow once the initial volatility fades
August 22, 2025 11:13:13 UTC
Powell’s Jackson Hole Speech Could Spark Crypto Rally
At 10AM ET, Fed Chair Jerome Powell speaks at the Jackson Hole Summit, a key event for markets. Fears of a hawkish tone have pushed the September rate cut odds down to 71%. But economic signals are flashing red unemployment is up to 4.2%, jobless claims are rising, and bankruptcies hit 2020 highs, with inflation still below 3%. Analysts say even mild dovish hints could spark a massive short squeeze, boosting Bitcoin and altcoins.
