Powell's Remarks Ignite Rally in Cryptocurrency Market
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Aug 24 2025
Impact of Powell's Remarks: Federal Reserve Chair Jerome Powell's comments at Jackson Hole led to a 6% surge in the crypto market, indicating potential shifts in monetary policy due to economic risks.
Price Increases for Major Cryptocurrencies: Bitcoin rose by approximately 3.5–4%, reaching between $116,493 and $117,000, while Ethereum surged by 12–15%.
Market Capitalization Growth: The total cryptocurrency market capitalization approached $4.1 trillion, reflecting strong investor optimism and increased institutional activity amid expectations of a September rate cut.
Historical Context: The response of the crypto market to Powell's dovish signals aligns with historical trends where central bank communications have positively influenced cryptocurrency prices.
About the author
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Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
