One Fed speech can change the narrative quickly, and Jackson Hole arrives with markets already positioned for uncertainty.
July CPI sits at 3.4%, rates remain at 3.50%–3.75%, and September hike expectations are still meaningful. For me, $BTC is the key risk asset to watch.
If yields and the dollar strengthen together, $BTC and broader risk assets could face pressure. If they cool, Bitcoin could get room to push higher.
I'll be watching on BingX.
#JacksonHole #BingX #Crypto #CryptoNews
July CPI sits at 3.4%, rates remain at 3.50%–3.75%, and September hike expectations are still meaningful. For me, $BTC is the key risk asset to watch.
If yields and the dollar strengthen together, $BTC and broader risk assets could face pressure. If they cool, Bitcoin could get room to push higher.
I'll be watching on BingX.
#JacksonHole #BingX #Crypto #CryptoNews
