Analyze the market trends



On August 22, at the Jackson Hole annual meeting, Federal Reserve Chairman Powell's dovish remarks significantly boosted the cryptocurrency market, with expectations for a rate cut in September soaring to 91.2%, leading to a noticeable rise in Bitcoin, Ethereum, and others.

Powell stated that the downside risks to the labor market are increasing, and a shift in the balance of risks may require an adjustment in monetary policy, providing a possibility for a rate cut in September.

BTC and ETH prices strengthen: BTC
BTC-1.61%
ETH0.06%
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GweiTooHighvip
· 8h ago
Opened a short position, getting ready to Get Liquidated.
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BridgeTrustFundvip
· 8h ago
Up up up! This wave is sure to rise!
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ForeverBuyingDipsvip
· 8h ago
Again it's the PI, and the hype is about to start.
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PoolJumpervip
· 9h ago
Is the bull run coming again?
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NotGonnaMakeItvip
· 9h ago
Another top buying signal for suckers
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SybilAttackVictimvip
· 9h ago
It's time to Be Played for Suckers again.
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