Crypto markets consolidate ahead of Jackson Hole – Cryptocurrency News
Posted on August 26, 2022 at 10:30 am GMTBitcoin and most altcoins have been trading within a tight range during the past week as crypto investors and markets are eagerly awaiting Jerome Powell’s speech at the Jackson Hole symposium on Friday. The Fed is expected to provide new clarity on the pace and timing of its monetary policy pathway as well as its latest outlook on inflation over the next few months. Therefore, as Bitcoin’s correlation with US equities remains high, any hawkish or dovish surprises could have [..]