Jackson Hole Catalyst Looms for Bitcoin and Key Assets

The markets are bracing for a key catalyst at Jackson Hole as Bitcoin and other assets face crucial decisions on their future paths. The US 10-Year Yield is pressing towards the 4.70%, 4.75% resistance area, holding above both rising moving averages with support at 4.45%. This development has significant implications for investors, who are waiting to see what signals the Federal Reserve will give next.

The US 10-Year Yield rose again early during the trading session and now seems poised to continue its range between 4.60% and 4.75%. Market participants will be watching a speech by Kevin Warsh later today, which may provide clarity on what the Fed does next.