Speaking at Jackson Hole, Federal Reserve Chair Jerome Powell indicated that evolving economic conditions could justify rate cuts in the months ahead, particularly if labor-market softness continues. 

This subtle but significant shift in tone marked a departure from the Fed’s earlier cautious stance. Markets immediately interpreted his remarks as dovish, sparking rallies in equities, bonds, and risk-on assets like cryptocurrencies.

JUST IN: Powell suggests economic conditions may warrant rate cuts.

Finally.

— Dom | EasyA (@dom_kwok) August 22, 2025

XRP Price Action: From Low to Breakout

The impact on XRP was swift. After dipping to an intraday low of $2.79, XRP rebounded sharply, climbing to around $3.03 at press time — an 8.6% gain from the day’s bottom. Data from CoinDesk showed an initial 3% spike in minutes following Powell’s comments, with momentum accelerating as short sellers were squeezed and buyers piled in. 

This decisive move highlighted how closely crypto markets remain tied to macroeconomic signals.

Community Reaction and Sentiment Surge

The XRP community erupted in response. Traders on X posted bullish charts, liquidity gap analyses, and calls for further upside. Social sentiment trackers reflected a surge in activity as Powell’s dovish signal collided with pent-up optimism around XRP. 

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Dominic Kwok’s post became a focal point for discussion, amplifying the excitement and reinforcing the idea that macroeconomic policy can serve as a powerful catalyst for digital assets.

What Comes Next for XRP

While today’s rally underscores XRP’s sensitivity to interest-rate expectations, the sustainability of these gains will depend on upcoming economic data and the Fed’s follow-through in policy meetings. 

If the Fed moves toward easing, the improved liquidity environment could further support XRP’s long-term uptrend. For now, Powell’s words lit the spark, and Kwok’s amplification ensured that XRP holders seized the moment.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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Speaking at the Jackson Hole Economic Symposium, Powell signaled that the balance of risks has shifted and that the central bank is prepared to cut rates as early as September. He noted that labor market conditions are softening and inflation trends are evolving, creating the possibility of a more accommodative policy stance.

This shift has been viewed by markets as a clear indication that the era of high rates may be nearing an end, which has immediately supported risk assets such as cryptocurrencies.

Transmission Into Crypto Markets

The response to Powell’s remarks was immediate across the financial system, with equities, bonds, and digital assets moving higher. Bitcoin and Ethereum both recorded sharp gains, and XRP also rose significantly in the hours following the comments.

In practical terms, lower expected interest rates reduce the cost of capital and weaken the U.S. dollar, both of which are conditions that typically favor digital assets. XRP has been a beneficiary of this environment, with liquidity flowing into the broader altcoin market following the initial move in Bitcoin.

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Outlook for XRP

Whether XRP sustains this momentum will depend largely on how incoming economic data influences market expectations for rate cuts. If the probability of a September cut remains elevated, the supportive backdrop for cryptocurrencies is likely to hold.

For now, the catalyst behind XRP’s surge is clear. A dovish shift from the Federal Reserve has boosted appetite for risk, and XRP is advancing strongly as part of that wider move in digital assets.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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According to STEPH IS CRYPTO, this announcement could “send XRP higher,” especially if the Fed signals a shift in its current monetary policy stance. With risk assets like XRP highly sensitive to changes in interest rates, all eyes are now on Powell’s next words.

Trump’s Pressure and the Politics of Rate Cuts

The Fed’s policy decision comes under the shadow of growing political pressure. President Donald Trump has recently intensified criticism of Powell for maintaining high rates, particularly in the face of his administration’s renewed tariff actions. Trump argues that high borrowing costs could stifle economic growth at a critical time.

BREAKING:

FED CHAIR POWELL TO DECIDE ON RATE CUTS TOMORROW AT 2:30PM ET!

SEND #XRP HIGHER! pic.twitter.com/K4pICoH2cL

— STEPH IS CRYPTO (@Steph_iscrypto) July 29, 2025

Still, Powell and most Fed officials have remained cautious. Morgan Stanley’s Chief U.S. Economist, Michael Gapen, expects Powell to reiterate a “wait-and-see” approach, citing “considerable uncertainty” tied to tariff impacts and broader economic conditions. 

So far, the U.S. economy hasn’t drastically changed since earlier in the year, job growth continues, albeit at a slower pace, and inflation is cooling but still above the Fed’s 2% target.

No Immediate Rate Cut Expected

According to Investopedia, markets are not expecting the Federal Reserve to announce a rate cut tomorrow. Instead, attention is focused on the Fed’s outlook, particularly whether Powell will indicate that cuts are likely in September. Currently, the Fed has kept interest rates between 4.25% and 4.5%, despite growing calls for easing.

According to the CME Group’s FedWatch Tool, there is a 62% probability of a rate cut in September. By then, the Fed will have reviewed the July and August jobs reports, critical data that could reveal whether the labor market is weakening or remaining resilient.

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Diverging Views Within the Fed

Not all Fed officials agree on the current course. Fed Governor Christopher Waller, reportedly a contender to replace Powell under the Trump administration, has made the case for a preemptive rate cut. Waller recently pointed out that private-sector job growth is nearing “stall speed” and warned against waiting too long to act.

“We should not wait until the labor market deteriorates before we cut the policy rate,” Waller said, adding that inflation driven by tariffs may be “one-off increases” unlikely to persist.

On the other hand, Atlanta Fed President Raphael Bostic argues for more caution. He believes inflation expectations could become unanchored if rate cuts come too soon. Although inflation rose by just 2.7% in May, far lower than the post-pandemic highs, Bostic warns the full inflationary effects of tariffs could take a year or more to surface.

What This Means for XRP and the Markets

Bank of America analysts have noted that while the Fed is mostly unified, internal divisions are becoming more visible and may lead to more frequent dissents. Such disagreements, especially during a time of political scrutiny, could signal a more contentious decision-making process ahead.

For XRP holders, tomorrow’s statement could serve as a critical inflection point. If Powell signals a dovish turn or hints at imminent cuts, risk assets like XRP could rally as investors shift back into speculative positions. As STEPH IS CRYPTO puts it, “Everything could change tomorrow.”

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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Powell showed his support for the conclusion of a report from the President’s Working Group on Financial Markets released on 1st November 2021. In the report, it’s proposed that issuers of stablecoin should be subject to appropriate federal oversight such as that of banks.

Read Also: Visa and Mastercard Reaffirm Relationship with Binance despite Regulatory Scrutiny

Jerome Powell noted:

“Stablecoins can certainly be a useful, efficient consumer-serving part of the financial system if they’re properly regulated. Right now, they aren’t. They have the potential to scale, particularly if they were to be associated with one of the very large tech networks that exist…

“You could have a payment network that was immediately systemically important that didn’t have appropriate regulation and protections. The public relies on the government and the Fed in particular to make sure that the payment system is safe and reliable.”

Although the Fed chair stated that cryptocurrency is currently not a threat to the United States’ financial stability, he’s still of the opinion that crypto is used as speculative assets. He still believes that crypto is risky and backed by nothing.

Read Also: Bloomberg Intelligence: Bitcoin (BTC) Is In a Consolidating Bull Market Only ‘A Question of Time’ Until $100k

Back in September, he voiced the need for regulation of stablecoins, adding that he wouldn’t be in favor of an outright ban of digital assets like China.

Back in September Powell said:

“Stablecoins are like money market funds, they’re like bank deposits, but they’re, to some extent, outside the regulatory perimeter, and it’s appropriate they be regulated. Same activity, same regulation.”

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On Thursday afternoon during the Oversight of the Treasury Department’s and Federal Reserve’s Pandemic Response hearing Federal Reserve Chairman Jerome Powell confirmed that the U.S. has no plans to ban Bitcoin and cryptocurrencies.

Read Also: CEO of World’s Largest Movie Theater Chain Confirms Adoption of Ethereum, Litecoin, Bitcoin Cash

During the hearing, House Representative Ted Budd (R-N.C) questioned Chairman Powell about the state of inflation in the United States. Powell deflected the inflation questions, claiming the inflation in this country is due to the oft-repeated supply chain crises caused by the Government’s pandemic response.

Effectively the chairman said that the Fed’s hands are tied when it comes to inflation and that relief will come. Powell suggested inflation should go down in “the first half of next year.”

Ted Budd then cited Powell’s previous comments on central bank digital currencies and their impact on stable coins, Bitcoin, and other cryptocurrencies. Budd quoted Jerome Powell from a July hearing: “You wouldn’t need stable coins, you wouldn’t need cryptocurrencies if you had a digital U.S. currency.”

Read Also: Twitter To Allow Users to Add Bitcoin and Ethereum Addresses to their Profiles to Receive Tips

Budd continued, “So Mr. Chairman is it your intention to ban or limit the use of cryptocurrencies like we’re seeing in China?”

Jerome Powell replied “No,” and went on to explain how he had misspoken at the time.

Budd restated his question, “But you have no intention to ban them?”

“No intention to ban them,” Powell responded, he went on to explain that stable coins ought to be brought into the regulatory framework.

For many Bitcoiners such exchanges in congress are frustrating to listen to as the Fed’s understanding of the differences between Bitcoin and cryptocurrencies leaves much to be desired.

Read Also: Advisory Firm Managing Director: Bitcoin (BTC) Will Hit $100,000 in Six Months, $1 Million in A Few Years

However, the incessant grouping of Bitcoin with other cryptocurrencies by the Fed and members of congress means that we can safely assume Chairman Powell was speaking to Bitcoin as well.

From a regulatory standpoint, there is still much work to be done by Bitcoiners and politicians to accurately represent and define where their interests align, and thereafter make an informed decision whether and to what extent to regulate Bitcoin.

In any case, the United States’ regulation of Bitcoin is still an embrace of the technology, which from a geopolitical perspective, couldn’t be more different from China’s approach. China’s loss is America’s gain.

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