Bitcoin prices remain above $60,000 despite a slight drop after the US market opened, amid optimistic statements from Fed members.
Fed Statements
We shared the statements made by Colins. In recent days, there are indications that members might be preparing remarks before Powell’s speech at the Jackson Hole Symposium on Friday (tomorrow). So far, we see that members are starting to give strong dovish signals.
US PMI Report
The US PMI report also arrived, and its summary is as follows: 'Employment fell in August, declining for the first time in three months. Net employment losses were reported in three of the last five months, marking the weakest period of payroll growth since the first half of 2020.'
Forecasts and Assessments by Fitch Ratings
Fitch Ratings stated in its latest assessment: 'The Fed, ECB, and BoE’s monetary tightening increases the risk of reserve scarcity.'
Statements from Fed members and economic reports indicate potential changes in monetary policy that could impact markets, including cryptocurrencies.
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