The annual Jackson Hole symposium in Wyoming is drawing intense attention this year because it marks Jerome Powell’s final speech as Federal Reserve chairman. Investors are focused on whether the Fed will signal immediate interest rate cuts and how much political pressure — particularly from figures like Donald Trump — could influence the Fed’s independence at this critical moment.
Markets are on edge. Bitcoin and Ether ETFs have seen recent outflows, adding uncertainty to how digital assets will react. History shows Powell’s past speeches often triggered market pullbacks, leaving traders wary of a possible repeat.
At the same time, there’s a sense of cautious optimism. Many believe that lower rates could benefit Bitcoin, which is increasingly seen as a non-sovereign hedge against policy-driven uncertainty. Still, with mixed signals from Fed officials and political noise in the background, investor sentiment is caught between hope and anxiety.