Bitcoin Tops $61K Before Powell's Jackson Hole Speech as Ether ETFs Face Record Outflows

2024-8-26 11:43

Comments at the Jackson Hole symposium later Friday may give clues about the Federal Reserve monetary policies, will boost or undermine prices of risk assets, including bitcoin.

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Federal Reserve Chair urges everyone to factor inflation into financial decisions during Jackson Hole speech

Federal Reserve Chairman Jerome Powell urged households and businesses to factor inflation into financial decisions as it will take time and effort to return inflation to ideal levels. The post Federal Reserve Chair urges everyone to factor inflation into financial decisions during Jackson Hole speech appeared first on CryptoSlate.

2022-8-26 17:30


Bitcoin Chills Around $40k as USD Slides After Fed Says It Has A Ways to Go Before Tapering Ends; GDP Rises Slightly, Better than Q1

The US central bank has made no decision regarding the timing of the tapering; as such, the market has now shifted its focus on the Jackson Hole conference of central bankers in late August. The post Bitcoin Chills Around k as USD Slides After Fed Says It Has A Ways to Go Before Tapering Ends; GDP Rises Slightly, Better than Q1 first appeared on BitcoinExchangeGuide.

2021-7-29 17:11


Bitcoin & Gold Make An Inverted V on Fed’s Inflation Sacrifice; Stocks Roared Even Higher

The Federal Reserve will allow inflation to run above 10%, said Fed Chairman Jerome Powell during the much-awaited virtual speech from the central bank’s annual Jackson Hole, Wyoming symposium. Bitcoin’s price responded to the news quite visibly, forming an inverted V, as the digital asset jumped from $11,290 to just above $11,600.

2020-8-27 19:48