Hey Square fam! 👋 Ethereum is holding up notably well post-Jackson Hole, trading around $2,492–$2,505, up roughly 4.6% over the past week and sitting comfortably back above the psychologically important $2,500 level. ETH's relative resilience compared to Bitcoin's pullback suggests genuine underlying strength in demand for the asset right now.
History shows just how sharply crypto reacts to Warsh's Fed commentary specifically — back in June, his decision to end the Fed's practice of issuing forward guidance sent Bitcoin down to $64,535 and Ethereum to $1,751. In April, his confirmation hearing remarks on Fed independence dropped Bitcoin below $75,000. Yesterday's speech, by comparison, produced a much more muted reaction, suggesting markets may finally be adjusting to his unpredictable communication style.
With no rate cut confirmed and no policy pivot officially announced, the setup remains about anticipation rather than certainty heading into the September 16 FOMC meeting. 🧠
$ETH #Ethereum #ETH2026 #JacksonHole #CryptoNews #WarshSaysInflationIsFedTopFocus
History shows just how sharply crypto reacts to Warsh's Fed commentary specifically — back in June, his decision to end the Fed's practice of issuing forward guidance sent Bitcoin down to $64,535 and Ethereum to $1,751. In April, his confirmation hearing remarks on Fed independence dropped Bitcoin below $75,000. Yesterday's speech, by comparison, produced a much more muted reaction, suggesting markets may finally be adjusting to his unpredictable communication style.
With no rate cut confirmed and no policy pivot officially announced, the setup remains about anticipation rather than certainty heading into the September 16 FOMC meeting. 🧠
$ETH #Ethereum #ETH2026 #JacksonHole #CryptoNews #WarshSaysInflationIsFedTopFocus
