đ§ Fed & Trump tonight â Whatâs going to happen to crypto?
Powellâs tone at Jackson Hole tonight could hint at future rate cuts â thatâs 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 â 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 â crypto could rally. But if he shifts gears or sidelines, markets may reassess sentiment.
Fed & Trump speaking tonight â Whatâs next for crypto?
1. Fed Chairman Jerome Powell at Jackson Hole
Powell is giving his final speech at Jackson Hole, taking place at 10 a.m. ET (tonight), streamed live on the Fed Kansas City YouTube channel crypto.newsThe Economic Times.
Before this speech, the market has increased skepticism about the possibility of the Fed cutting interest rates in the September meeting, as the probability has decreased from 92% to around 70-73% ReutersBarron'sInvestopedia.
Analysts suggest that if Powell shows signs leaning towards easing policy, it would be a positive signal for crypto; conversely, a âhawkishâ or unclear stance could dampen market sentiment AxiosAP NewsBarron'sInvestopediaCoinpedia Fintech News.
2. President Donald Trump â âAllyâ of crypto?
Trump once signed an executive order establishing the âStrategic Bitcoin Reserveâ and âDigital Asset Stockpileâ for the U.S. government, considering BTC as a reserve asset like gold The White HouseWikipedia.
Earlier, he also announced a reserve consisting of 5 crypto assets (XRP, SOL, ADA, then BTC and ETH), creating a notable price surge in the market Al JazeeraWikipedia.
Moreover, Trump's strong support for blockchain has led to a wave of pro-crypto tax and legal reforms, leading many experts to predict that if Trump continues to emphasize this momentum, crypto could surge significantly, with some predictions suggesting BTC could reach $200,000 by the end of the year Business InsiderBarron'sPolitico.
#BinanceTurns8 Join the anniversary celebration #BinanceTurns8 with us and receive a share from the BNB reward fund worth up to 888,888 USD! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_TTH86
The memecoin season is coming, usually in May, June, July, where meme coins like PEPE with x10000 gains appear.
I am searching, I only prioritize memecoins on ETH, with nice charts, having a popular unique symbol on the internet, will share when found, everyone follow, don't miss it.$PEPE
3 tokens of the Sonic chain are all small from the top like each other, bros grinding for this airdrop might actually incur losses due to fees and slippage resulting in negative capital $shadow $S $anon $beets
#Vaulta I just posted to complete the task, so I chatted a few words below. I hope everyone can scroll through and give me a like and a share. I started getting into cryptocurrency at the end of 2019, which was a great year with very good prices for all coins, and many projects were continuously launched. But unfortunately, I couldn't seize that moment, and now I'm still sitting here finishing this silly task to earn a few dollars. I'm going crazy, huhu.
$gork Increasing 600k % is really terrifying with a volume of over 100M and a super hot meme stock in 2025, at this price, do you brothers want to buy?