Bitcoin, Jackson Hole and Jerome Powell
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T Vol. 24h: $49.24 B and the broader crypto market remain jittery amid Friday’s options expiry, ahead of Jerome Powell’s Jackson Hole speech. A total of $3.82 billion in Bitcoin options expired today,
Crypto markets are treading water as investors wait for Fed Chair Jerome Powell’s Jackson Hole speech, where a hawkish tone could drag bitcoin lower while a dovish pivot may offer relief.
Bitcoin holds $116K as Powell’s rate cut signal, Philippines’ 10K BTC reserve plan, and Taiwan’s crackdown fuel optimism for a breakout toward $130K.
22hon MSN
Bitcoin, ether jump after Fed's Powell signals conditions ‘may warrant’ rate cuts: CNBC Crypto World
On today's episode of CNBC Crypto World, crypto prices and stocks rise after Fed Chair Jerome Powell signaled a possible rate cut ahead during a speech in Jackson Hole, Wyoming. Plus, speaking at the Wyoming Blockchain Symposium,
Federal Reserve Chairman Jerome Powell's remarks at the Jackson Hole Symposium. The first one is the 180-day call-put skew derived from options trading on Deribit, the largest crypto options exchange by volume and open interest.