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Bloomberg: Bitcoin Traders Nervous Ahead of Powell's Jackson Hole Speech
Summary: According to Bloomberg, digital assets are weakening as traders prepare for Federal Reserve Chairman Jerome Powell's highly anticipated speech at the Jackson Hole symposium on Friday. American spot Bitcoin and Ethereum ETFs have seen outflows for four consecutive trading days, with net withdrawals reaching $1.9 billion.
According to Bloomberg, digital assets are weakening as traders prepare for Federal Reserve Chairman Jerome Powell's highly anticipated speech at the Jackson Hole symposium on Friday.
American spot Bitcoin and Ethereum ETFs have seen outflows for four consecutive trading days, with net withdrawals reaching $1.9 billion.
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Link: Bloomberg: Bitcoin Traders Nervous Ahead of Powell's Jackson Hole Speech [Copy]
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Link: Bloomberg: Bitcoin Traders Nervous Ahead of Powell's Jackson Hole Speech [Copy]