😀👉Jerome Powell's speech at Jackson Hole on August 22, 2025, unleashed a bullish wave in the cryptocurrency market. Bitcoin (BTC) rose 5%, surpassing $116,000, while Ethereum (ETH) soared 14%, reaching nearly $4,800, marking a new intraday high.
Powell hinted at possible interest rate cuts, which increased liquidity and attracted investors to riskier assets like cryptocurrencies. Tokens like XRP and Solana also saw significant increases of 6.4% and 9.1%, respectively.
Furthermore, a strategic move was observed by Bitcoin whales, who migrated capital to Ethereum in anticipation of better ETH performance.
This rally suggests that the cryptocurrency market could be in a sustained bullish phase, supported by a more flexible monetary environment.#BTC