Analysis: BTC price volatility is expected to intensify ahead of Federal Reserve Chairperson's speech at Jackson Hole conference
2024-08-19 15:35:59
Although this week later when the American League Reserve Chairperson Jerome Powelldesk3cryptocurrencydesktopCrypto News
Despite a general rally in the US stock market ahead of Federal Reserve Chairperson Jerome Powell's speech at the Jackson Hole conference later this week, bitcoin prices have remained modestly lower over the past 24 hours. In the past 24 hours, bitcoin prices have fallen by nearly 3% and are trading around $58,500. BRN analyst Valentin Fournier said the upcoming Jackson Hole conference could lead to increased volatility in bitcoin prices, which could rise in the coming days or week as markets await further news from the Federal Reserve at the Jackson Hole symposium as well as macroeconomic indicators.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
