According to CoinMeta, Jesper Fjarstedt, a senior analyst at Danske Bank, stated in a report that the escalation of geopolitical tensions adds new complexity to the upcoming Jackson Hole Conference. Federal Reserve Chairman Jerome Powell will deliver a speech on Friday, and markets generally expect him to avoid giving clear policy signals, nor is it likely that he will directly discuss the Treasury Department's market intervention measures. Meanwhile, US Treasury Secretary Janet Yellen stated on Monday that the United States is launching an action aimed at isolating the Iranian regime, warning that countries and companies doing business with Iran will face US retaliation.