Bitcoin jumped after Fed Chair Jerome Powell hinted at possible rate cuts during his Jackson Hole speech. Powell, nearing the end of his term, noted the U.S. economy is slowing more than expected and unemployment has risen to 4.2%, though still low historically. Markets focused on his signal that rate reductions could come as soon as September, sending Bitcoin from under $112,000 to nearly $116,000 and sparking heavy liquidations across crypto.#Binance #BItcoin $BTC $ETH $XRP