Powell’s “Balance of Risks” Quote Erases Inflation Fears and Ignites a 10% ETH Rally

Ethereum’s price surged Friday after Federal Reserve Chair Jerome Powell signaled that the central bank could consider rate cuts as early as September.  The comments, delivered at the annual Jackson Hole symposium, sparked a broad rally across crypto markets and pushed Ethereum close to its 2021 all-time high.  Powell Flips the Script on Rate Cuts […] The post Powell’s “Balance of Risks” Quote Erases Inflation Fears and Ignites a 10% ETH Rally appeared first on Coin Edition.