Federal Reserve Chair Jerome Powell signaled a potential interest rate cut, sending Bitcoin soaring and increasing market volatility. His remarks, delivered at the Jackson Hole Symposium on August 22, 2025, led investors to anticipate an easing of monetary policy, triggering optimism in risk-on assets like cryptocurrencies. Bitcoin’s price surged over 2% to break past $116,000, reflecting market anticipation for a rate cut and its potential impact on asset valuations. Powell’s comments emphasized the rise in employment risks, hinting at policy changes that could potentially influence global financial markets. The speech triggered significant reactions across various markets with investors displaying heightened risk appetite, leading to increased activity in financial markets. Market participants are eagerly awaiting further developments as rate cut hints have historically led to market rallies in speculative assets like Bitcoin.