logo

After a Bitcoin Pullback, Market Awaits Fed's Powell Speech This Friday

By: theblockbeats.news|2025/08/19 05:42:07

BlockBeats News, August 19th, according to Forbes, analyst Ryan Rabaglia stated that due to Bitcoin's recent pullback, "everyone" will be watching Federal Reserve Chairman Powell's speech on Friday, August 22nd, to look for clues about the central bank officials' policy direction at the September meeting.

Ryan Rabaglia, General Partner at Rise Capital Venture Capital Fund, said: "With some mainstream coins hitting or approaching all-time highs, there has been a significant profit-taking. There is a key event this week—the Jackson Hole Summit—and all eyes will be on it. In past summits, we have seen the Fed Chairman take decisive action, even hinting explicitly at a rate hike or cut, and this time he is also expected to clearly indicate a stance. This summit will set the stage for action in September, with the market currently generally expecting a 25 basis point rate cut."

Analyst Bruni stated, "If comments this week suggest that there will be no rate cut in September, Bitcoin may continue to be under pressure, and traders will focus on the 200-day moving average approaching $100,000 as the next key support level."

WEEX se roba el Show en BlockchainRIO 2025

Te puede gustar

Compartir
copy

Ganadores

Últimas noticias cripto

16:51

Una ballena ha depositado 1,01 millones de USDC en Hyperliquid para apalancar 10x de largo en HOOD.

16:49

Trump anunciará un plan para revertir las reglas de eficiencia de combustible de los automóviles

16:21

Júpiter lanza el token HumidiFi WET ICO Guidelines

16:18

La compañía minera de criptomonedas apoyada por la familia Trump vio su precio de acciones "reducido a la mitad" en 30 minutos.

15:52

Deutsche Bank: Si el próximo presidente de la Fed no aborda eficazmente los riesgos de inflación, el dólar estadounidense podría enfrentar una presión a la baja

Leer más
Comunidad
icon
icon
icon
icon
icon
icon
icon
icon

Atención al cliente@weikecs

Cooperación empresarial@weikecs

Trading cuantitativo y CM[email protected]

Servicios VIP[email protected]