Nvidia reports earnings Wednesday and Fed Chair Kevin Warsh speaks at Jackson Hole Friday. Equity strategists expect little market reaction to either event, but crypto analysts remain divided on Bitcoin’s impact. The U.S. Treasury already expanded bond buybacks last week, pushing long-end yields lower and Bitcoin sharply higher, a historical pattern according to Bernstein. TD Securities and other desks still see room for Bitcoin to move, particularly since Warsh’s blockchain background could influence his rhetoric on digital assets.
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