Crypto’s rally is now at Warsh’s mercy. Bitcoin enters Jackson Hole week near $80K after surging 28% in August. Crypto GREED has climbed to 74/100, its highest level in nearly 11 months. The rally began when Treasury bond buybacks pushed yields and the dollar lower. Over $4B in crypto shorts were then liquidated, accelerating the surge. Reports that Treasury could tap its nearly $1T cash account added to the liquidity excitement. PCE inflation and GDP arrive Wednesday, providing the rally’s first major test. The main event comes Friday when Fed Chair Kevin Warsh delivers his first Jackson Hole keynote. A dovish message could unleash euphoria, while a hawkish surprise could turn greed back into fear. Billions now depend on Warsh.(Coin Bureau)