Bitcoin jumped with exuberance on the news of a Federal Reserve rate cut. However, recent data indicates it is possible that Bitcoin’s ties to monetary policy might not be as strong as traders previously assumed.

The Jackson Hole Economic Symposium, which is held every year and usually takes place in the last week of August, is arguably the most prestigious Annual Economic Policy Meeting. This phenomenal gathering of genius-level thinkers and economic practitioners is truly a spectacle to behold.

Bitcoin initially looked as if it would be launching to new all-time highs, as the bitcoin price live was going up, and a big news event was just around the corner: Federal Reserve Chair Jerome Powell was going to speak at the event. Rather strangely, the price started to drop a few minutes befo

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