Saltık 
The crypto market is eagerly awaiting key events that could influence investor sentiment and shape future market performance, particularly the FOMC Minutes and Fed Chair Jerome Powell’s speech.
Critical events for the crypto market next week include the July FOMC Minutes and Fed Chair Jerome Powell’s speech at the Jackson Hole Summit. The FOMC Minutes are expected to set the tone for the market due to their potential impact on investor sentiment. Powell’s comments could also provide clues about the central bank’s future policy rate plans.
Crypto Market Awaits US Fed Officials’ Speeches
A series of events planned for this week will determine the future performance of the financial market. Global financial markets and the crypto market are eagerly awaiting these events amid expectations that the US Federal Reserve could potentially cut interest rates in September.
The week will begin with Fed Governor Christopher Waller’s remarks on Monday, August 19. Then, on Tuesday, August 20, Atlanta Fed President Raphael Bostic and Fed Vice Chairman Michael Barr will speak. At the same time, Fed Chair Jerome Powell will speak at the Jackson Hole Summit on Friday, August 23.
Might interest you: South Korea’s National Pension Scheme Purchases MicroStrategy Stock
These statements will be closely watched by investors because they will provide clues about how the U.S. central bank will proceed with future policy rates. However, according to CME FedWatch Tool data, the probability of the Fed announcing a 25 basis point rate cut at its September meeting is 75%.
You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.