Viewpoint: Tonight's Powell Speech Expected to Cause a 2% Price Swing for Bitcoin

BlockBeats News, August 22, Pulkit Goyal, the trading lead at cryptocurrency market maker Orbit Markets, stated that "BTC options pricing is expected to fluctuate around 2.0% based on Powell's speech at Jackson Hole. However, if Powell's remarks diverge from the widely anticipated rate cut hints, downside volatility seems more likely to occur." (CoinDesk)