Five days until the new Fed chair speaks for the first time.
Jackson Hole runs Aug 27-29, and Kevin Warsh delivers his first symposium keynote as Fed Chair on Friday. September hike odds are reported near one-in-three, down from roughly 60% after July's softer jobs data.
Crypto has already spent that repricing. BTC is +22.4% over the last 7 days and ETH +29.0% (Binance spot). That move is a bet the hiking cycle is finished — a bet nobody has heard the chair confirm.
He doesn't need to hike to unwind it. He only needs to sound open to it. That asymmetry sits directly on $BTC and $ETH into Friday.
Positioned for a dovish Warsh, or trimming into the event?
#Write2Earn #Fed #JacksonHole #Bitcoin #CryptoNews
Not financial advice. DYOR.
Jackson Hole runs Aug 27-29, and Kevin Warsh delivers his first symposium keynote as Fed Chair on Friday. September hike odds are reported near one-in-three, down from roughly 60% after July's softer jobs data.
Crypto has already spent that repricing. BTC is +22.4% over the last 7 days and ETH +29.0% (Binance spot). That move is a bet the hiking cycle is finished — a bet nobody has heard the chair confirm.
He doesn't need to hike to unwind it. He only needs to sound open to it. That asymmetry sits directly on $BTC and $ETH into Friday.
Positioned for a dovish Warsh, or trimming into the event?
#Write2Earn #Fed #JacksonHole #Bitcoin #CryptoNews
Not financial advice. DYOR.