Will Ethereum Price Crash as Powell’s Last Jackson Hole Speech Looms?
The post Will Ethereum Price Crash as Powell’s Last Jackson Hole Speech Looms? appeared on BitcoinEthereumNews.com.
Ethereum price is holding above the $4,200 mark after an explosive summer rally, but the next move hinges on more than just charts. With Federal Reserve Chair Jerome Powell preparing his final Jackson Hole speech, political pressure from President Trump, and the growing weight of tariffs on the US economy, crypto investors are asking one key question: will ETH price crash or not? Macro Backdrop: Powell, Tariffs, and Interest Rates A top Federal Reserve policymaker has shut the door on hopes for a September rate cut, pointing to stubborn inflation and a still-strong labor market. With no urgency to ease, the Fed is signaling tighter conditions for longer. That’s a setback for crypto, which typically rallies when monetary policy turns looser. Instead, traders are staring at a stretch of high rates and limited liquidity—headwinds that could drag on both Bitcoin and altcoins in the near term. The Fed is walking a tightrope. Inflation is still elevated, tariffs are adding fresh upward pressure on consumer prices, and Trump is demanding lower rates ahead of the September policy meeting. Investors are split on whether the Fed will deliver a rate cut or hold steady. Powell is unlikely to tip his hand at Jackson Hole, which means markets may be left guessing until the data arrives. For Ethereum, this uncertainty matters. Rate cuts tend to fuel risk assets like crypto by increasing liquidity and lowering the cost of capital. But if the Fed doubles down on fighting inflation, capital could flow back into bonds and dollars, putting ETH under pressure. Ethereum Price Prediction: Where Things Stand Now? ETH/USD Daily Chart- TradingView The ETH daily chart shows Ethereum consolidating just under $4,300 after testing resistance near $4,600 earlier in August. Price is sitting right around the midline of the Bollinger Bands, suggesting a period…