#XRP
🔍 The market's expectation for cryptocurrency in relation to Jerome Powell's speech in Jackson Hole:
The cryptocurrency market is in a phase of waiting and caution, with prices moving sideways, awaiting the speech of Jerome Powell, chairman of the Federal Reserve, at the Jackson Hole symposium (August 21–23, 2025). Investors and analysts see this event as a potential catalyst for the market, as Powell's statements may influence expectations regarding interest rates and risk sentiment. If Powell signals interest rate cuts for September, this could restart the cryptocurrency bull rally, as lower rates make capital cheaper and encourage investments in risk assets. On the other hand, a more cautious (hawkish) stance, due to concerns about persistent inflation and the impacts of trade tariffs, could intensify selling in the market. Bitcoin, Ethereum, and altcoins have already recorded significant declines, reflecting pre-event nervousness. The outcome of the speech is expected to set the tone for the remainder of 2025.
