#Powell
💬 Powell's speech: what awaits the crypto market?
Fed Chairman Jerome Powell is speaking at a symposium in Jackson Hole today — and the entire crypto market is frozen in anticipation.
📉 Bitcoin has already lost almost 10% of its maximum and is trading around $112–113K.
📊 Ethereum and other altcoins are showing mixed dynamics: some are growing by a few%, some are holding sideways.
🔑 The main question: what will Powell's tone be?
• If "dovish" (softer tone) → a possible $BTC rebound and a new wave of growth.
• If "hawkish" (hard tone) → the risk of further decline and increased pressure on the market.
⚡️ Bitcoin is currently standing at an important support. The next few hours may determine the direction not only for BTC, but also for the entire alt sector.
‼️ Jerome Powell's speech at the Jackson Hole Economic Symposium will take place today, Friday, August 22, 2025, at 10:00 a.m. Eastern Time (EDT), which corresponds to 5:00 p.m. Kyiv time.