JH Meeting Sparks The Interest In Crypto Once Again.

JH Meeting Sparks The Interest In Crypto Once Again.

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The Jackson Hole Symposium brings the light of hope to the crypto market with its another yearly meeting pushing it higher by the hour. The Jackson Hole meeting is a conference of all the big fish in the global banking industry.

The meeting is going to take place in Wyoming, US on Thursday. The most anticipated speech of the event is the one by Jerome Powell, the chairman of the US Federal Reserve which will happen on Friday.
People expect Powell to shed some light on the plans that FED has for the interest rates. Some of the experts expect him to go hawkish this time around as well.
Crypto market tends to go hand in hand with stocks and other risk assets when it comes to major news like this. It would be not very fortunate for BTC if Powell announced a sudden interest rate hike to say the least.

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