- Powell’s comments at Jackson Hole influence crypto prices.
- Bitcoin and Ethereum see significant gains.
- Crypto market cap approaches $4.1 trillion.
Powell’s remarks at Jackson Hole signaled a shift, sparking a 6% surge in the crypto market. Ethereum rose 12–15%, while Bitcoin gained 3.5–4%, as institutional activity increased with an 80% probability of a September rate cut.
Federal Reserve Chair Jerome Powell’s remarks indicated possible shifts in the policy stance due to economic risks. Bitcoin prices rose by approximately 3.5–4% to between $116,493 and $117,000. Ethereum experienced a notable increase, surging between 12 to 15%.
“The baseline outlook and the shifting balance of risks may warrant adjusting our policy stance.” — Jerome Powell, Chair, U.S. Federal Reserve
In response, the total market capitalization of cryptocurrencies soared to nearly $4.1 trillion. Key altcoins like XRP, Solana, and Dogecoin also saw price increases. The crypto market’s strong response to Powell’s comment highlights the sector’s sensitivity to monetary policy shifts.
Historically, dovish central bank communications have led to cryptocurrency market rallies. Institutional activity also increased as expectations for a September rate cut grew to 80%. Powell’s remarks suggest a heightened focus on employment risks, with potential implications for future monetary policy adjustments.
The surge underscores the crypto market’s alignment with broader economic indicators, reflecting heightened investor optimism in response to monetary easing signals.
About the author
Fed Anticipates Possible Rate Cuts in September 2025
The Federal Reserve might reduce interest rates by September 2025, affecting financial markets including cryptocurrency responses.
LayerZero Acquires Stargate with DAO Approval
LayerZero's acquisition of Stargate was approved by Stargate DAO members, with 95% voting in favor, facilitating a $110 million buyout.
MicroStrategy Thrives with Bitcoin Standard Strategy
MicroStrategy's Bitcoin strategy under Michael Saylor leads to major financial gains over five years.
Trish Turner Resigns from IRS, Joins Crypto Tax Girl
Trish Turner, former head of the IRS digital assets division, has joined Crypto Tax Girl as Tax Director amidst significant crypto tax reforms in the United States.
Crypto Leaders Urge Responsible Token Practices
Crypto leaders highlight the need for sustainable tokenomics, moving beyond short-term speculation for long-term value.
Bitcoin’s $120K Surge Could Trigger $18B Short Liquidations
Bitcoin's potential surge to $120K may cause $18B in short position liquidations.
Related
Fed Anticipates Possible Rate Cuts in September 2025
The Federal Reserve might reduce interest rates by September 2025, affecting financial markets including cryptocurrency responses.
LILPEPE Rides the Meme Wave, But BlockDAG’s $380M Raise Shows Real Power
LILPEPE gains traction, but BlockDAG’s $380M presale, live mining tools, and hybrid architecture prove it’s built for scale and staying power.
Best Presales in 2025 — MAGACOIN FINANCE, Solana & SHIBA INU Ranked Top 3 With 35x Upside
Analysts rank MAGACOIN FINANCE, Solana, and SHIBA INU among the best crypto presales in 2025, forecasting up to 35x upside potential in the next bull run.
LayerZero Acquires Stargate with DAO Approval
LayerZero's acquisition of Stargate was approved by Stargate DAO members, with 95% voting in favor, facilitating a $110 million buyout.
MicroStrategy Thrives with Bitcoin Standard Strategy
MicroStrategy's Bitcoin strategy under Michael Saylor leads to major financial gains over five years.
Trish Turner Resigns from IRS, Joins Crypto Tax Girl
Trish Turner, former head of the IRS digital assets division, has joined Crypto Tax Girl as Tax Director amidst significant crypto tax reforms in the United States.
Be the first to leave a comment