Fed Chair Powell's much-anticipated speech at the Jackson Hole seminar on Friday was surprisingly dovish. "Changes in the balance of risks may require us to change our policy stance," Powell announced, leading to a widespread rebound in stocks and Crypto Assets. Despite acknowledging high levels of Inflation, the Fed Chair clearly prioritized the downside risks to the labor market, suggesting that the central bank would abandon restrictive monetary policy and cut interest rates this year. Powell's dovish speech sent Crypto Assets prices soaring, with alts leading the way. Ether's price rose nearly 13% on Friday, trading at $4,800 at the time of writing, just 2.5% away from a new all-time high. Bitcoin's price also returned to the $116,500 level, and if the daily chart closes above that level, it could pave the way for a explosive rebound in alts. Morpho, Aerodrome Finance, and SPX6900 are today's top Crypto Assets gainers.