Bitcoin Braces for Warsh’s Jackson Hole Debut: Will 2022 Repeat?

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Kevin Warsh will deliver his first keynote as Federal Reserve Chair at the Jackson Hole symposium on Friday. In 2022, Jerome Powell’s speech caused Bitcoin to drop 6% in a single session to $20,230, bringing the decline to 9% two days later. Over eight years of data since 2018, the median Bitcoin reaction to Fed chair keynotes is just 1%. Bitcoin currently trades near $79,093, up 23% over the past week. The next Fed policy meeting falls on September 15 and 16.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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