QCP Capital’s latest insights report offers a fascinating blend of optimism and caution as investors eagerly anticipate Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole symposium. The firm observes a buoyant mood in equity markets, with U.S. stocks reaching record highs, while the crypto sector remains firmly in the doldrums. QCP Capital Report […]
Bitcoin, Ethereum Technical Analysis: BTC Traders Jittery, as Federal Reserve Symposium in Jackson Hole Is Under Way
Bitcoin marginally declined during Friday’s session, concurrent with the ongoing Federal Reserve symposium in Jackson Hole. The Chair of the Fed, Jerome Powell will be speaking at the annual meeting, and providing guidance on the upcoming policy decision. Ethereum also consolidated today. Bitcoin Bitcoin briefly fell below the $ 26,000 level on Friday, as …
Bitcoin, Ethereum Technical Analysis: BTC, ETH Drop to 5-Day Lows, as Traders Await Fed’s Jackson Hole Symposium
Bitcoin continued to sit firmly below the $ 26,000 level on Wednesday, after breaking out of a key price floor. The world’s largest cryptocurrency by market cap has mostly consolidated in recent days, as traders await Federal Reserve Chair Jerome Powell’s speech at Jackson Hole this Friday. Bitcoin Bitcoin moved below a key …