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Markets
Bitcoin Tumbles Below $21K After Powell’s Hawkish Remarks
The Federal Reserve chair said households and businesses should prepare for pain as the central bank works to bring down inflation.

Federal Reserve’s Powell: Inflation Battle Not Yet Close to Finished
The U.S. central bank chair, in a speech Friday morning, doubled down on his intent to aggressively hike interest rates to bring inflation down.

First Mover Americas: Bitcoin in Stasis Ahead of Powell Speech; Coinbase's cbETH Trades At Discount to Ether
The latest price moves in crypto markets in context for Aug. 26, 2022.

Markets Should Prepare for Persistent Inflation and Continued Rate Hikes
U.S. Federal Reserve speakers were out in force one day ahead of Chairman Powell’s keynote address at the Jackson Hole conference.

Market Wrap: Bitcoin Price Barely Budges as Traders Await Powell Speech
Bitcoin traded sideways on Thursday as Fed officials speaking during the first day of the central bank’s Economic Symposium were circumspect about an interest rate hike in September.

NFT- and Metaverse-Related Cryptocurrencies Underperform as Floor Prices Sink
FLOW, APE and AXS are among tokens tracking double-digit losses over the past week.

First Mover Americas: Bitcoin Gains Stall at $22K as Markets Await Powell at Jackson Hole
The latest price moves in crypto markets in context for Aug. 25, 2022.

Ether Leads Crypto Recovery on Merge Confirmation, but Traders Remain Cautious
Buying ether ahead of the Merge is likely an overextended play, one trader said.

Bitcoin's Pre-Jackson Hole Decline Leaves Room for 'Buy the Fact' Bounce
"No matter what Powell says or the Fed does, the market insists on reading/hearing him dovish," one observer said.
