Bitcoin Traders Position for Jackson Hole. What Powell's Big Speech Could Mean for Crypto

Bitcoin Traders Position for Jackson Hole. What Powell's Big Speech Could Mean for Crypto

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Key Takeaways - Bitcoin traders were selling ahead of Jerome Powell's highly anticipated speech Friday morning at the Jackson Hole Economic Policy Symposium, preparing for the possibility that the Fed chair fails to signal that an interest rate cut is likely in September. - Bitcoin options pricing…

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