“Risk markets might be more disappointed as Powell might want to do their best to give themselves some wiggle room against the four cumulative cuts priced into the year-end,” Augustine Fan, head of insights at SOFA, told CoinDesk in an interview. “That said, Jackson Hole has generally been a ‘risk-positive’ stock even in the past, so expect traders to be better buyers on dips.”
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Shaurya Malwa
https://www.coindesk.com/markets/2024/08/23/bitcoin-tops-61k-ahead-of-jackson-hole-as-ether-etfs-extend-record-outflow-streak/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
2024-08-23 08:43:03
