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.
Source: Read the original article

