Powell’s ‘dovish’ comments trigger crypto market cap climb to above $4 trillion

The crypto market rallied more than 4% to reclaim the $4 trillion mark after Federal Reserve Chair Jerome Powell signaled that US interest rates could be lowered in September. In his speech at the Jackson Hole symposium in Wyoming, Powell said: “The baseline outlook and the shifting balance of risks may warrant adjusting our policy The post Powell’s ‘dovish’ comments trigger crypto market cap climb to above $4 trillion appeared first on CryptoSlate.