News
Bitcoin and XRP flat ahead of Powell’s Jackson Hole speech
Bitcoin and Ethereum are under strain ahead of today’s widely watched Jackson Hole speech by Federal Reserve Chair Jerome Powell. At present, Bitcoin is priced at $112,517.20, down 5.4% this week, while Ethereum is down 7.4% to $4,296.05. XRP is also showing weakness, down almost 9% over the same time.
Crypto Today: Bitcoin, Ethereum, XRP supply in profit decline ahead of Fed Powell’s speech
Santiment data shows that the percentage of BTC and XRP supply in profit has declined to 92.138% and 91.74%, respectively, from 100% (at Bitcoin’s all-time high) and 98.2% (XRP's monthly high) on August 8. This indicates a steep decline in investors’ conviction towards an uptrend.
Bitcoin slides ahead of Fed Chair Powell's speech at Jackson Hole
Bitcoin dropped more than 5.2% in a week as investors await Fed Chairman Jerome Powell's remarks at the Jackson Hole Economic Policy Symposium for potential clues about the monetary policy path ahead. The price of bitcoin was at around $112,976 as of 0900GMT.
Cryptocurrencies have dropped back after economic data and Fed meeting minutes suggested policymakers are likely to be split over the need for rate reductions.
Bitcoin traders are positioning cautiously, with options data suggesting a defensive tone and uncertainty around rate path ...
Bitcoin—alongside other major cryptocurrencies ethereum and XRP—have fallen sharply, raising fears of a crypto market ...
The Bitcoin price fell. Ethereum, and XRP rose. Jerome Powell's speech at Jackson Hole will help decide where they go next.
Bitcoin is setting up for a correction, and sentiment is turning against recent bullish drivers. Click here to read an ...
Overview Bitcoin Price today is around $113,000, marking a healthy correction after its recent $124K peak.Institutional ...
Harvard's entry into Bitcoin via an ETF has provoked contrasting reactions. Avanidhar Subrahmanyam, professor of finance at ...
Spot Bitcoin ETFs have seen about $1.17 billion in outflows since Monday, the longest outflow streak since April 11, as the ...
InvestorsHub on MSN1d
Bitcoin retreats below $113K amid Fed and geopolitical uncertainty
Bitcoin (COIN:BTCUSD) dropped to a two-week low on Wednesday as traders pared back positions ahead of the Federal Reserve’s ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback