Tom Lee Says Powell’s Dovish Jackson Hole Speech Is Bullish for Bitcoin (BTC)

On August 22, COINOTAG reported that analyst Tom Lee posted on X that Federal Reserve Chair Jerome Powell‘s remarks were interpreted by market participants as relatively dovish, a development that supported a short-term risk-on repricing across the crypto markets including BTC and ETH. Lee referenced an August 19 observation that many institutional investors had positioned for a more hawkish posture from the Fed; because that was the prevailing base case, Powell’s tone was viewed as unexpectedly accommodative. The exchange clarified that this reassessment has influenced institutional flow dynamics and equity risk premia in the immediate aftermath of the Jackson Hole symposium.