Bitcoin is attempting to steady itself after a volatile weekend, where a massive sell-off by a large holder sparked a sharp downturn in the market. The sudden drop briefly pushed the worldโs largest cryptocurrency below $110,000 on Sunday, wiping out billions in leveraged positions. Since then, Bitcoin has managed to recover into the $111,000โ$112,000 range, leaving traders debating whether the …
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Bitcoin Soars Past $115,000 After Powellโs Jackson Hole Speech
The cryptocurrency market surged on Friday after U.S. Federal Reserve chair Jerome Powell delivered his much-anticipated remarks at the central bankโs annual symposium in Jackson Hole, Wyoming. Bitcoin rallied above $115,000, while Ethereum climbed more than 8% to trade above $4,600, sparking widespread optimism across digital assets. Market Reaction: Crypto Rally and Liquidations Powellโs comments triggered an immediate response from …
Read More »Stocks and Crypto Drop Ahead of Jerome Powellโs Jackson Hole Speech
Both global equities and the cryptocurrency market have taken a sharp hit this week as investors brace for Federal Reserve Chair Jerome Powellโs remarks at the annual Jackson Hole Symposium in Wyoming. This high-profile gathering of central bankers, policymakers, and economists has historically served as a platform for major policy signals, and markets are reacting with caution. Bitcoin has retreated …
Read More »Asian markets surge on hopes of easing tariff war
Asian stock markets moved higher on Wednesday as investors reacted positively to U.S. President Donald Trumpโs assurance that he does not plan to remove Federal Reserve Chairman Jerome Powell. The comments came after earlier speculation that Powellโs job was at risk following the Fedโs pause on rate cuts. Japanโs Nikkei 225 rose by 1.9%, reaching 34,875.64 in the afternoon session. …
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