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Bitcoin and Crypto Stocks Surge as Powell's Rate-Cut Hint Revives Risk Appetite
investopedia.com/bitcoin-and-crypto-stocks-surge-as-powell-rate-cut-hint-revives-risk-appetite-11795898
Key Takeaways
- Crypto market traders were positioned for Jerome Powell to be hawkish in a highly anticipated speech, but they were pleasantly surprised as the Fed chief suggested rate cuts could be coming soon.
- Prediction markets bettors now place higher odds of a quarter percentage…
This story appeared on investopedia.com, 2025-08-23 05:19:58.911000.