Crypto News LIVE : Powell Speech Today, Bitcoin Price, XRP Price, FED Meeting, Jackson Hole Speech and More

All eyes are on Fed Chair Jerome Powell’s Jackson Hole speech, where he may walk back the Fed’s 2020 dovish framework. Big banks are split. Goldman expects a September rate cut, while Barclays sees December. Adding to market jitters, Trump has teased a “mystery announcement” after comments on Ukraine–Russia. Meanwhile, Nvidia halted its China chip production, and Beijing is exploring a yuan-backed stablecoin. Traders brace for high volatility, possibly some downside first, before a potential surge with Bitcoin eyeing $150K

Jerome Powell will deliver his speech at the Federal Reserve’s annual Jackson Hole Symposium in Wyoming, scheduled for 10 a.m. EDT (8 a.m. MDT).

The Jackson Hole Economic Symposium, dubbed the “Oscars of monetary policy,” begins today in Wyoming. Fed Chair Jerome Powell will deliver his keynote on Friday, August 22, 2025, at 10 a.m. EDT. Investors watch closely, as Powell often signals major shifts on rates, inflation, and liquidity. History shows big reactions: dovish in 2021, hawkish in 2022, mixed in 2023–24. This year, markets are already nervous, pricing in tighter policy. One line from Powell could sway stocks, bonds, and Bitcoin

Fed Chair Jerome Powell’s speech at the Jackson Hole Summit today could trigger volatility across markets. Similar events in 2023 and 2024 sparked sharp reactions as investors braced for hawkish signals. This year, fears remain high, with a September rate cut probability at 71%. But history shows what comes after—Ethereum staged big rallies following Powell’s remarks in the past. Many believe a similar ETH surge could follow once the initial volatility fades

At 10AM ET, Fed Chair Jerome Powell speaks at the Jackson Hole Summit, a key event for markets. Fears of a hawkish tone have pushed the September rate cut odds down to 71%. But economic signals are flashing red unemployment is up to 4.2%, jobless claims are rising, and bankruptcies hit 2020 highs, with inflation still below 3%. Analysts say even mild dovish hints could spark a massive short squeeze, boosting Bitcoin and altcoins.