Jerome Powell is going to be stepping up at Jackson Hole today, delivering a speech that the market been waiting for weeks. He will lay out the Fed’s view on the economy, a shifts in policy and cooling inflation for a softening job market.

As his term comes to an end, this talk will carry weight, especially under political heat. Crypto players are especially locked in, as Powell’s words often ripple through the market like a domino effect.

As we know, for months before today’s speech, the Federal Reserve chair has ignored demands from Donald Trump to cut interest rates and defied the US president’s calls to resign. So expectation on his speech will revolve a lot around inflation trends.

For now, data is showing the inflation at about 1% above the 2% target, resulted by tariffs complication. However, Powell may address balancing price stability with employment goals.

DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025

Crypto Market Is Expecting A Bullish Jerome Powell Speech

The policy framework review comes every five years, and Jerome Powell can move away from flexible average inflation targeting toward a more preemptive stance against shocks in his speech.

Odds sit at 73-75% for a 25 basis point rate cut in September, but some Fed officials push back, citing persistent services inflation. Wall Street sees mixed signals. And everyone is expecting a dovish tone that will confirm easing, boosting equities and crypto. Hawkish vibes though, could pull risks closer and delaying cuts.

Crypto hangs on liquidity cues with rate cuts, meaning cheaper capital, drawing people to crypto and high-risk assets.

However, recent dips show nerves ahead of the speech as Bitcoin fell 10% from its $124K peak to $112K today. Earlier this week, Ethereum follows suit, down to around $4,100 before bouncing back to $4,300 level.

If Jerome Powell nods to a cut in his speech, expect a rally and Bitcoin will likely rebound toward highs, followed by altcoins run. Neutral or tight policy will extend sideways charts action.

Market Cap

The crypto traders? They are anticipating volatility and hedging with options, expecting swings.

Powell’s balanced view on data will surely leave room for interpretation, keeping crypto on edge through the September Fed meeting. This speech will shape the market reactions.

Crypto is known to be sensitive to Fed moves.

Follow the 99Bitcoins’ live feed here.

Top 10 Memecoin ICO this Year

Join The 99Bitcoins News Discord Here For The Latest Market Updates

Another BNB All Time High

Akiyama Felix
By Akiyama Felix

BNB records another ATH at $884. Go BNB!

Market Cap

Crypto Is Back After Powell Jackson Hole Speech

Akiyama Felix
By Akiyama Felix

Rate cut may be justified given rising concern about job market. – Jerome Powell

Following Powell’s statement, the crypto market is going back up with Bitcoin going as high as close to $115K, or 2,3% jump since yesterday. Ethereum, on the other hand, up by 7% to $4,570. a 7% gain in 24 hours.

Market Cap

Crypto Drop Just Hours Before Powell’s Speech

Akiyama Felix
By Akiyama Felix

Bitcoin has just dropped to $111,000 level with Ethereum and Solana following with significant drops. Both Ethereum and Solana experienced a 1% drop, with Ethereum trading at $4,100 level, and Solana at under $180.

Will Powell’s speech save crypto this time?

Market Cap

Eric Trump Going To Japan Next Month for Crypto

Akiyama Felix
By Akiyama Felix

While the market is expecting a Powell speech at Jackson Hole later today, Eric Trump is planning for a Japan ‘Metaplanet’ visit next month to push crypto adoption. Bullish!!

Why you can trust 99Bitcoins

10+ Years

Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.

90hr+

Weekly Research

100k+

Monthly readers

50+

Expert contributors

2000+

Crypto Projects Reviewed

Google News Icon
Follow 99Bitcoins on your Google News Feed
Get the latest updates, trends, and insights delivered straight to your fingertips. Subscribe now!
Subscribe now
Akiyama Felix
Akiyama Felix
Crypto Journalist

Felix Akiyama is a True Veteran, Originating From the Crypto Class of 2018. A former visual effect artist turned to onchain degen and Vitalik Loving ETH maxi. Felix is notable in the VFX world for being one of the few... Read More

Free Bitcoin Crash Course

  • Enjoyed by over 100,000 students.
  • One email a day, 7 days in a row.
  • Short and educational, guaranteed!

The World’s #1 Crypto Exchange

  • Up to 150x leverage for major coins
  • Various staking options for hundreds of coins
  • Frequent events, promotions, and airdrops
The World’s #1 Crypto Exchange
Back to top