Historically, Powell’s remarks at Jackson Hole have triggered sharp market moves: hawkish tones have lifted the dollar and weighed on equities, while dovish guidance has sparked rallies in stocks and crypto.

Bitcoin, Ethereum, XRP are showing cautious movements as crypto investors watch the Federal Reserve’s Jackson Hole signals closely. Bitcoin dipped to a two-week low near $112,425, reflecting hesitancy ahead of possible policy shifts.

As equities wobble, crypto is doing the opposite, snapping back from August lows with Bitcoin, Ethereum, Dogecoin, and XRP all catching a bid. This crypto

Eric Trump, the Securities and Exchange Commission’s new, crypto-friendly chair Paul Atkins and two Fed governors on Donald Trump’s shortlist to replace Powell are all set to attend the Wyoming Blockchain Symposium at the Four Seasons hotel in Jackson Hole.

SignalPlus head of Insights Augustine Fan noted that markets have already ruled out any chance of an outsized 50-basis-point cut.

Federal Reserve Chairman Jerome Powell's remarks at the Jackson Hole Symposium. The first one is the 180-day call-put skew derived from options trading on Deribit, the largest crypto options exchange by volume and open interest.

SENATOR TIM SCOTT FLEW TO JACKSON HOLE, WYOMING, THIS WEEK WHERE HE PERSONALLY THANKED THE CRYPTO INDUSTRY FOR ITS FINANCIAL SUPPORT. HE SPOKE SPECIFICALLY ABOUT THE OHIO SENATE RACE WHICH RESULTED IN A KEY FLIP - REPUBLICAN BERNIE MORENO DEFEATED THREE ...

Crypto stocks took a sharp nosedive Tuesday as investors dumped tech and risk assets after a strong rally last week that had been fueled by growing speculation around interest rate cuts, but that momentum broke hard as traders got spooked by rising uncertainty ahead of Federal Reserve Chair Jerome Powell’s upcoming remarks in Jackson Hole,