🧐 Fed & Trump tonight — What’s going to happen to crypto?

Powell’s tone at Jackson Hole tonight could hint at future rate cuts — that’s typically bullish for crypto, lowering borrowing costs and boosting demand InvestopediaBarron'sReuters.

Yet, despite hopes for September, markets are cautious, as clearer data (inflation, jobs, tariffs) will drive decisions KiplingerReuters.

On the flip side, Trump has previously backed pro-crypto policies — from strategic reserves to deregulation, even bills like the GENIUS Act caused immediate market rallies The White HouseWikipediaInvestopedia.

If tonight he doubles down on that momentum — crypto could rally. But if he shifts gears or sidelines, markets may reassess sentiment.