Cryptocurrency Markets Fluctuate Following Fed Chair’s Comments

Market sentiment shifts as cryptocurrencies react to the relatively dovish stance of Fed Chair Jerome Powell at Jackson Hole last week. Despite acknowledging a potential rate cut next month, Powell held off on definitive commitments, leading to an initial decline in Bitcoin and altcoins after last week’s gains. 5 key developments are shaping the week ahead: consumer confidence, GDP, job market data, core PCE index, and Nvidia earnings report.