Jackson Hole Event Casts a Shadow on Digital Assets: A Crypto Market Update
As reported by Omkar Godbole, the crypto market is experiencing a cautious tone ahead of Federal Reserve Chairman Jerome Powell's speech at the Jackson Hole Symposium, with bitcoin and ether experiencing significant declines. Bitcoin has dropped below its 50-day simple moving average, falling from a record high of $124,000 to below $115,000, while ether has fallen to $4,220, with on-chain data in…
Aug. 18, 2025, 11:15 a.m.