#PowellWatch Explodes๐จ: Will Fed's Jackson Hole Speech Ignite Crypto Rally? ๐ฅ๐
Powell's Watch is blowing up (#2 trending, 201K+ views, 1.3K chats)! All eyes on Fed Chair Jerome Powell's Jackson Hole speech Aug 23 at 10 AM ET, could signal a 25bps rate cut in Sept amid 2.9% inflation & soft jobs data? Markets are eerily calm ($BTC vol at 2-yr low ~36%, VIX <14), but experts warn: Dovish hints = crypto pump (cheaper borrowing boosts risk assets like #BTC/$ETH )! Hawkish tone? Volatility storm ahead, as in 2022's market dip. Historical JH speeches set tones, will this flip the script? ๐ค
From X buzz: Traders eyeing BTC/ETH impacts, whales accumulating amid low vol. What's your prediction: Rate cut moonshot or pullback panic? Drop it below & let's trend harder! ๐ณ๏ธ #Fed #JacksonHole #CryptoMarket #RateCuts