Crypto Markets React to Fed Comments

Bitcoin plunges after Fed President pours cold water on rate cut hopes! Cleveland Fed's Beth Hammack's hawkish stance at Jackson Hole sent crypto markets reeling, with Bitcoin, Ethereum, Solana, and XRP all taking a hit. Investors brace for more cautious signals from Jerome Powell as inflation fears outweigh rate cut expectations. Hosted on Acast. See acast.com/privacy for more information.