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Bitcoin Falls Under $20K Again; NY Fed President Expects Interest Rates to Stay High

Bitcoin (BTC) and ether (ETH) could be in turmoil as Glassnode’s open interest leverage ratio hits record high. Plus, New York Federal Reserve President John Williams expects interest rates to remain high until inflation eases.

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Valkyrie CEO: Bitcoin 'Pretty Close' to Bottom

Steven McClurg, Valkyrie CIO & co-founder, discusses his outlook for bitcoin (BTC) as the cryptocurrency reacts to U.S. Federal Reserve Chair Jerome Powell's hawkish comments from the Jackson Hole Economic Symposium Friday and recovers above $20K. "We're pretty close to the bottom of bitcoin," McClurg said.

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Bitcoin Under $21K After Powell's Hawkish Remarks; Analysts Trim Price Targets for Argo Blockchain

Bitcoin (BTC) dropped following Fed Chair Jerome Powell's hawkish speech at the annual Jackson Hole Economic Symposium. H.C. Wainwright and Jefferies analysts slashed their price targets for Argo Blockchain after disappointing guidance from the bitcoin miner's quarterly results. The wife of Alexey Pertsev, the web developer arrested in Amsterdam over alleged ties to sanctioned crypto mixer Tornado Cash, dismissed speculation her husband had links to the Russian secret service.

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Bullish Signal for Crypto Ahead?

The Dollar Index might be forming a bearish double top on the weekly chart. If the dollar indeed drops, that could allow for a bounce in risk assets like bitcoin (BTC). “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

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Bitcoin and Ether Remain in Their Recent Holding Patterns

Bitcoin (BTC) and ether (ETH) remain in their recent holding patterns as $1.27 billion in ETH options expire today. GlobalBlock CEO Rufus Round discusses his outlook for ETH and levels to watch, noting “open interest in ETH options for the end of September expiry has for the first time exceeded that of bitcoin.”

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Crypto Outlook Ahead of Fed Chair Powell’s Jackson Hole Speech

Bitcoin (BTC) and ether (ETH) saw small gains ahead of Federal Reserve Chairman Jerome Powell’s speech Friday at the annual Jackson Hole conference. Tuttle Capital Management CEO & CIO Matthew Tuttle explains how “Powell could change everything” in anticipation of the symposium.

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Bitcoin Trading Sideways Around $21K

Bitcoin (BTC) is hovering around $21,400, roughly where it stood 24 hours ago. Martin Leinweber, Digital Asset Product Strategist at Market Vector Indexes (MV), discusses his crypto markets analysis and outlook, explaining "the problem with bitcoin" losing its narrative ahead of the Ethereum merge. Plus, what to expect from Federal Reserve Chair Jerome Powell's Jackson Hole remarks Friday and the potential impact on the markets.

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Bitcoin Erases 3 Weeks of Gains: What Happened?

Bitcoin (BTC) erased three weeks of gains after plunging 8.4%, its biggest single-digit decline in two months. CoinDesk’s Brad Keoun and Christie Harkin discuss the market sell-off. Plus, why bitcoiners should pay attention to the Tornado Cash U.S. sanction.

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Bitcoin Outlook Ahead of Federal Reserve’s Jackson Hole Meeting

CoinDesk's Markets Managing Editor Brad Keoun discusses the outlook for bitcoin (BTC) as the Federal Reserve's Jackson Hole meeting is around the corner. Plus, CoinDesk's Tech Managing Editor Christie Harkin shares her insights into the state of crypto mining in a market downturn.

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Could Ether Flip Bitcoin’s Market Cap in the Next 12 Months?

CoinDesk took to Twitter to ask whether ether (ETH)'s market cap could surpass bitcoin (BTC)'s in the next 12 months. "First Mover" hosts Amitoj Singh and Lawrence Lewitinn discuss the results and why a "flippening" may not be on the near-term horizon.

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