💥 Has the countdown to interest rates begun? Market movements and Federal Reserve expectations
📌 Quick summary from 8 analytical sources
🧭 Market trends:
- Bitcoin rebounds strongly to $116,000 after testing support at $112,000, despite a slight decline in market value of 0.14%.
- Powell's speech at Jackson Hole re-links Bitcoin to inflation expectations and ignites optimism.
- The probability of an interest rate cut in September rises to 87–92.7%, and the dollar has declined by 10% since the beginning of 2025.
🔍 Influential forces reshaping the landscape:
- Powell's acknowledgment of "progress towards price stability" enhances the attractiveness of high-risk assets like cryptocurrencies.
- The BRICS summit explores a cross-border digital settlement system, supporting currencies like XRP.
- VanEck forecasts raise the Bitcoin ceiling to $180,000 by the end of the year.
- CNBC points to improved regulatory climate, reducing barriers for investors.
📊 Actionable trading insights:
- Support at $112,000 has proven resilient, and a close above $109,600 could pave the way for a retest of $111,980.
- It is advised to prepare for high volatility ahead of the upcoming Federal Reserve meeting, and to use pullbacks as strategic accumulation opportunities.#ETHBreaksATH #BNBATH900 $BTC $ETH $XRP