Jerome Powell signals a possible rate cut in September, while warning that inflation risks remain elevated.

Fed kept rates at 4.25%-4.50% in July, but odds of a September cut surged above 90% after his speech.

Crypto markets rally:

Bitcoin (BTC) tops $115,000

Ethereum (ETH) hits $4,600

U.S. stocks soar, Dollar Index slightly lower.

Labor market weakens: July added just 73,000 jobs; 3-month average only 35,000.

Powell outlines a new policy framework, tightening focus on 2% inflation.

Easing expectations boost crypto, fueling momentum for Bitcoin, stablecoins, and DeFi in coming months.