August 22, 2025

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Powell’s Dovish Jackson Hole Shift Sparks Rally Across Markets; BTC Blasts to $116K 

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Powell’s Dovish Jackson Hole Shift Sparks Rally Across Markets; BTC Blasts to 6K 
Powell’s Dovish Jackson Hole Shift Sparks Rally Across Markets; BTC Blasts to 6K Federal Reserve Chair Jerome Powell struck one of his most dovish tones in recent memory Friday, calming investors and igniting rallies across stocks and bitcoin, which climbed from the $112,000 range to an intraday high of $116,063. Fed Chair Soothes Markets at Jackson Hole Retreat In his Jackson Hole speech, Powell stressed the Fed will […]