Bitcoin (BTC), the broader crypto market, and crypto stocks surged after Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole Symposium. Investors were braced for a hawkish stance but were surprised after Powell suggested interest rate cuts could be coming soon.
Bitcoin (BTC) continues to struggle thanks to waning demand as investors brace themselves for Federal Reserve Chair Jerome Powell’s Jackson Hole speech. The speech could give clues about Fed policy and interest rate cuts. A hawkish tone could drag the flagship cryptocurrency lower, while a dovish stance could see prices climb higher.
Bitcoin (BTC) is back in the red during the ongoing session, down nearly 1%, trading around $113,253. The flagship cryptocurrency has struggled to build momentum since reaching a new all-time high last Thursday, and has traded mostly in the red during the ongoing week.
Bitcoin’s (BTC) upward trajectory has hit a temporary roadblock as investors wait for the FOMC meeting minutes. The flagship cryptocurrency fell to a 17-day low as it plunged to $112,555 on Wednesday.
Bitcoin (BTC) fell to a low of $114,420 during the current session before recovering to reclaim the $115,000 mark. The flagship cryptocurrency continued to trade downwards after setting a new all-time high on August 14, when it reached $124,533.
Bitcoin (BTC) has started the week in bearish territory as bearish sentiment continues to dominate the market. The flagship cryptocurrency is down nearly 2%, trading around $115,525 after dipping to a low of $114,703.
Bitcoin (BTC) has stabilized around $117,500 after registering a substantial decline on Thursday and Friday. On-chain activity has declined after the flagship cryptocurrency briefly plunged below the $17,000 mark, falling to a low of $117,930 before recovering.
Bitcoin (BTC) registered a sharp drop on Friday, falling from $119,150 to a low of $116,930 as the market rally continues to reverse. The flagship cryptocurrency lost momentum after surging past $124,000 to set a new all-time high, and has struggled to reclaim key levels in the face of substantial selling pressure.
Bitcoin (BTC) and the broader crypto market sank after hotter-than-expected inflation numbers and a lack of clarity on US crypto policy lowered prices. Treasury Secretary Scott Bessent indicated that the US will not be buying more BTC for its strategic reserve.
Outset PR’s Q2 2025 report shows five countries dominate over 94% of Eastern Europe’s crypto media traffic, with Russia and Poland leading, as AI, regulation, and market concentration reshape visibility strategies.
