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Bitcoin Falls Ahead of Powell’s Jackson Hole Speech. Here’s Where Cryptos Could Go.

Por: MarketWatch Business August 25, 2023

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“After plummeting from $29,000, Bitcoin’s consolidation at around $26,000 continues as the market quietly awaits the Fed Chair Powell’s speech at the Jackson Hole Economic Symposium,” said Yuya Hasegawa, an analyst at crypto exchange Bitbank. Cryptos—like stock indexes such as the and —are likely to move on the back of Powell’s words at Jackson Hole as the outlook for interest rates . The Fed has ramped up rates to a generational... + full article



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