The Wolf Of All Streets Bitcoin Braces for Powell’s Jackson Hole Speech – $100K Next? | Friday Five
Aug 22, 2025
Nathaniel Whittemore, known as NLW, shares his insights on the intersection of crypto and traditional finance. As Bitcoin nears $110K, all eyes are on Jerome Powell's pivotal Jackson Hole speech, which could impact Fed policy. He discusses the legislative push for crypto regulation and highlights China's exploration of yuan-backed stablecoins. With major institutions like BlackRock doubling down on Ethereum, and the speculation swirling around the Kanye West memecoin, the podcast navigates the rapidly evolving landscape of crypto and macroeconomics.
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Jackson Hole Could Move Bitcoin
- Bitcoin sits at $112,000 support while markets await Jerome Powell's Jackson Hole speech.
- The speech could shift expectations about September rate cuts and trigger big market moves.
Powell Will Avoid Market Boxed Expectations
- Powell likely wants to avoid being boxed into market expectations and may tamp down certainty of a September cut.
- Markets already priced in cuts and Powell's caution can reprice risk across assets.
Watch The Entire Jackson Hole Week
- Expect multiple Fed voices and events around Jackson Hole to affect markets beyond the speech itself.
- Watch tone and follow-up comments, not just the headline speech, to gauge policy direction.