{"id":9917,"date":"2025-08-24T07:52:54","date_gmt":"2025-08-24T07:52:54","guid":{"rendered":"https:\/\/buvei.com\/blog\/?p=9917"},"modified":"2025-08-24T07:52:54","modified_gmt":"2025-08-24T07:52:54","slug":"bitcoin-surges-4-as-powell-hints-at-possible-fed-rate-cut","status":"publish","type":"post","link":"https:\/\/buvei.com\/blog\/bitcoin-surges-4-as-powell-hints-at-possible-fed-rate-cut\/","title":{"rendered":"Bitcoin Surges 4% as Powell Hints at Possible Fed Rate Cut"},"content":{"rendered":"

The financial markets saw a sharp turnaround after Federal Reserve Chair Jerome Powell<\/strong> signaled the possibility of interest rate cuts in September during his keynote speech at the Jackson Hole symposium. His remarks, which highlighted growing risks to the U.S. labor market, were interpreted as a dovish pivot, pushing equities higher and sparking a rally in Bitcoin<\/strong> and other cryptocurrencies. Bitcoin surged by 4% to trade near $116,834, while Ether gained nearly 8% after recent losses.<\/p>\n

In this article, we will break down Powell\u2019s comments, their impact on markets, and what it means for cryptocurrency investors. We will also discuss how tools like virtual cards from Buvei<\/strong> can help traders and global businesses manage volatility in cross-border transactions.<\/p>\n

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Powell\u2019s Comments at Jackson Hole<\/h2>\n

Powell\u2019s address underscored a shift in the balance of risks<\/strong> for the U.S. economy. He flagged growing vulnerabilities in the labor market, warning:<\/p>\n