Countdown to Powell's Speech: Under Currents in the Cryptocurrency Circle
Federal Reserve Chairman Jerome Powell will make a key appearance at the Jackson Hole Global Central Banking Conference this Friday, with the market highly focused on whether he will signal a rate cut in September. Currently, Wall Street's expectations for a rate cut are increasingly divided, and experts warn that Powell may take on the role of an 'owl', potentially avoiding clear guidance, which could trigger a correction in rate policy expectations.
Outlook on Cryptocurrency Impact: If Powell hints at delaying a rate cut, a stronger dollar may short-term suppress BTC and other major cryptocurrencies; conversely, if he unexpectedly 'doves', risk assets will receive a strong boost. #加密市场回调
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