Basic Points:
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Bitcoin returned to $ 116,000 after having more than 2% in minutes thanks to “Dovish” comments from Fed Chair Jerome Powell.
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Powell’s Jackson hole speaking has signed the odds of a cut of interest rates next month.
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The risk of risk and crypto increased immediately, as the US dollar strength fell.
Bitcoin (Btc) spun $ 116,000 on Friday as the US Federal Reserve indicated that it would cut off interest rates.
Bitcoin price rebounds from 6 weeks lows to fed
Data from Cointelegraph Markets Pro and Tradingview The BTC’s PABAGU -Change of BTC was followed as Fed Chair Jerome Powell delivered a policy speech.
Powell heads to the stage in the annual Jackson Hole Economic Symposium – traditionally an opportunity to indicate on the upcoming moving policies.
The current situation with inflation and the labor market, he said, “can warrant” Fed’s financial policy stance.
https://www.youtube.com/watch?v=lyd4uyB9AXO
The markets immediately reacted, with cryptoes and risk assets jumping as the US dollar strength collapsed.
BTC/USD has gained more than 3%, helping to lift a pair from local lows of $ 111,658 – the lowest level since July 10.
“Good bounce from the scope low sweep write In a reaction to X.
Commentator ThekingFisher noted that the price took the bid’s liquidity during the trip to the lows.
$ Btc High start of liquidation map from this morning (5:40 ago) cleaned 🎯 pic.twitter.com/22hljicmyv
– ThekingFisher (@KingFisher_BTC) August 22, 2025
“Bitcoin shows Bullish Divergence (again) with Oversold RSI in 4 hours … and 6-hour. Maybe 12-hour. Maybe daily. All in the key $ 112K support,” businessman, analyst and podcast host Scott Melker, known as “Wolf of All Streets,” continued Before Powell started speaking.
“Anything can happen, but it’s always interesting when very strong signals appear to be aligned with news events.”
Powell “Setting stage” for new cut rate
Considering the implications of choosing Powell’s words, market participants have been -skewed in favor of the interest rates of cutting Fed at its upcoming meeting in September.
Related: Bitcoin won’t go below $ 100k ‘this cycle’ as $ 145k target remains: analyst
“It appears that the Fed Chair Powell sets the stage for a deduction rate of September rate,” the Kobeissi letter of trade is a source of trade Summary.
Kobeissi suggested that the Fed was cut with 25 basis of points, a view pronounced by market expectations from CME Group’s Fedwatch tool.
Number Cointelegraph reportedThe uncertainty had previously reigned in the outcome of September as Powell was stuck by his Hawkish tone amid the rising inflationary clues and uncertainty in US trade tariffs.
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