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Will Bitcoin (BTC) Fall Further After Powell’s Jackson Hole Speech?

Avatar photo Sonny S. Watts 7 hours ago

Bitcoin (BTC) price has entered a sharp pullback ahead of Federal Reserve Chair Jerome Powell’s Jackson Hole speech, raising questions about whether the decline has further to run. The token has slipped more than 10% from its mid-August peak near $125,000, dropping to about $112,400 on Aug. 22. The daily chart shows Bitcoin breaking below […]

The post Will Bitcoin (BTC) Fall Further After Powell’s Jackson Hole Speech? appeared first on CoinChapter.

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Sonny S. Watts is a Bitcoin miner and energy researcher, Sonny delves into the sustainability of Bitcoin mining, its energy consumption, and innovations in renewable-powered mining solutions.