Crypto investors should favor systematic strategies over Fed predictions, Moon Pursuit Capital says

Moon Pursuit Capital has urged professional crypto investors to use systematic strategies instead of relying on Federal Reserve forecasts after Bitcoin gained 22.1% in seven days and approached $80,000. Summary Bitcoin gained 22.1% during its strongest week since March 2024. Kevin Warsh will deliver his first Jackson Hole keynote as Fed chair on Aug. 28. Moon Pursuit Capital says limited liquidity can amplify capital flows in either direction. Market-neutral strategies reduce directional exposure but can miss much of Bitcoin’s upside. Moon Pursuit Capital Principal Courtney Olujobi told crypto.news that Jackson Hole remains important for digital assets because expectations for U.S. monetary policy continue to affect liquidity and investors’ willingness to take risks. “Jackson Hole matters for digital assets because Fed expectations continue to influence liquidity and risk appetite across markets,” Olujobi said. A more accommodative signal from the Fed could support Bitcoin and other risk assets, while a restrictive message could quickly revive volatility, he added. Rather than trying to predict which message Warsh will deliver, Olujobi said institutions should construct portfolios ...