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Bitcoin jumps after Fed’s Powell signals upcoming rate cut. What comes next for the crypto.


Bitcoin rose more than 5% on Friday, after Federal Reserve Chair Jerome Powell said in a speech at the Jackson Hole Economic Symposium that the “time has come” for the central bank to cut its key interest rate. 

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bitcoin
Bitcoin (BTC) $ 77,816.00 4.22%
ethereum
Ethereum (ETH) $ 2,448.83 4.52%
tether
Tether (USDT) $ 1.00 0.03%
bnb
BNB (BNB) $ 643.07 2.95%
solana
Solana (SOL) $ 89.90 4.23%
xrp
XRP (XRP) $ 1.49 4.46%
usd-coin
USDC (USDC) $ 0.999923 0.01%
tron
TRON (TRX) $ 0.325007 0.38%
polkadot
Polkadot (DOT) $ 1.33 1.72%
dogecoin
Dogecoin (DOGE) $ 0.10084 4.23%
avalanche-2
Avalanche (AVAX) $ 9.82 2.85%
cardano
Cardano (ADA) $ 0.264339 5.07%
shiba-inu
Shiba Inu (SHIB) $ 0.000006 4.83%
staked-ether
Lido Staked Ether (STETH) $ 2,265.05 3.46%
the-open-network
Toncoin (TON) $ 1.42 1.08%
chainlink
Chainlink (LINK) $ 9.78 4.09%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 76,243.00 3.12%
uniswap
Uniswap (UNI) $ 3.50 4.07%
bitcoin-cash
Bitcoin Cash (BCH) $ 459.49 4.49%
near
NEAR Protocol (NEAR) $ 1.42 0.43%
litecoin
Litecoin (LTC) $ 56.72 2.22%
internet-computer
Internet Computer (ICP) $ 2.66 3.64%
aptos
Aptos (APT) $ 0.99489 4.30%
leo-token
LEO Token (LEO) $ 10.13 0.37%
filecoin
Filecoin (FIL) $ 0.99853 0.15%
dai
Dai (DAI) $ 0.999702 0.06%
blockstack
Stacks (STX) $ 0.246477 4.78%
cosmos
Cosmos Hub (ATOM) $ 1.83 2.87%
arbitrum
Arbitrum (ARB) $ 0.131048 6.39%
ethereum-classic
Ethereum Classic (ETC) $ 8.79 2.93%
render-token
Render (RENDER) $ 1.92 4.13%
immutable-x
Immutable (IMX) $ 0.172029 5.76%
bittensor
Bittensor (TAO) $ 258.71 6.80%
stellar
Stellar (XLM) $ 0.174678 7.71%
hedera-hashgraph
Hedera (HBAR) $ 0.092119 4.41%
crypto-com-chain
Cronos (CRO) $ 0.072743 3.95%
the-graph
The Graph (GRT) $ 0.026231 4.14%
okb
OKB (OKB) $ 87.04 2.22%
optimism
Optimism (OP) $ 0.133142 3.04%
kaspa
Kaspa (KAS) $ 0.036249 8.97%
injective-protocol
Injective (INJ) $ 3.43 1.66%
pepe
Pepe (PEPE) $ 0.000004 6.19%
Source: CurrencyRate