🔥 Powell boosts Bitcoin, Ethereum, and XRP
The Chairman of the Federal Reserve of the USA, Jerome Powell 🎙️, hinted in his Jackson Hole speech that there could be an interest rate cut in September.
💡 This is key because:
• Lower rates → more liquidity 💧
• More liquidity → greater appetite for risk assets 🚀
• Immediate result: BTC, ETH, XRP, and SOL surged.
👉 The crypto market once again shows that its direction is closely tied to global monetary policy.