---
title: "Bitcoin braces for Fed’s Powell as $61K BTC price eyes next breakout"
url: https://diffcoin.com/bitcoin-braces-for-feds-powell-as-61k-btc-price-eyes-next-breakout/
description: "BTC price frustration may find some relief as Bitcoin traders’ hopes increase of the Fed cementing interest rate cuts at the Jackson Hole summit. Source link"
published: 2024-08-23
updated: 2024-08-23
author: "Mila"
site: "Diffcoin"
---

# Bitcoin braces for Fed’s Powell as $61K BTC price eyes next breakout

BTC price frustration may find some relief as Bitcoin traders’ hopes increase of the Fed cementing interest rate cuts at the Jackson Hole summit.

[Source link](https://cointelegraph.com/news/bitcoin-fed-powell-61k-btc-price-next-breakout?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)