Key takeaways: ETH surged 13% on Friday after Federal Reserve Chair Jerome Powell’s dovish Jackson Hole speech hinted at an interest rate cut in September. Onchain and technical indicators signal Ether’s potential to hit $6,000 in the short term. Ether’s (ETH) price displayed strength at the Wall Street open on Friday, rising 13% to $4,788 following Federal Reserve Chair Jerome Powell’s Jackson Hole speech. ETH price rallied from $4,200 within minutes, reclaiming $4,600, a level that has suppressed the price over the last seven days, per data from Cointelegraph Markets…
Tag: Price
Bitcoin price pops and Ethereum jumps 7% as Powell speech buoys crypto markets
Cryptocurrencies reacted sharply to Federal Reserve chair Jerome Powell’s speech at Jackson Hole, with Bitcoin jumping above $115,000 and Ethereum surging more than 8% to above $4,600. Summary Bitcoin rose from $113k to near $116k as cryptocurrencies reacted to Fed chair Jerome Powell’s speech. Ethereum price also jumped, rising more than 8% to above $4,600. Powell has hinted at the Fed cutting rates in September. After a week of downside action, Bitcoin (BTC) and Ethereum (ETH) led the cryptocurrency market in a sharp rally on Friday, with the broader market…
Is Pi Coin Price Nearing a Bottom?
Key Notes The 12-hour chart shows a bullish divergence between Pi coin price and RSI, signaling that buyers are gaining control again. For the bullish scenario to hold, PI needs to surpass $0.37 and $0.38, with stronger confirmation at $0.40. A drop below $0.33 would invalidate the setup and could lead to new lows. Pi Network’s native cryptocurrency Pi PI $0.37 24h volatility: 3.5% Market cap: $2.89 B Vol. 24h: $94.38 M price has slipped another 8% over the past week and is finding a floor at $0.35. Technical chart…
Bitcoin Gets A Price Boost From Fed Chair Jerome Powell
Key points: Bitcoin returns to $116,000 after gaining over 2% in minutes thanks to “dovish” comments from Fed Chair Jerome Powell. Powell’s Jackson Hole speech cemented the odds of an interest-rate cut next month. Risk assets and crypto rose immediately, while US dollar strength fell. Bitcoin (BTC) spiked to $116,000 on Friday as the US Federal Reserve hinted that it would cut interest rates. BTC/USD one-hour chart. Source: Cointelegraph/TradingView Bitcoin price rebounds from 6-week lows on Fed Data from Cointelegraph Markets Pro and TradingView followed volatile BTC price action as…
Bitcoin Price Watch: Price Action Squeezed—Will the Next Break Favor Bulls or Bears?
On Friday, bitcoin is trading at $112,264 per coin as of Aug. 22, 2025, with a market capitalization of $2.23 trillion and a 24-hour trading volume of $32.51 billion. The digital asset’s price ranged between $112,023 and $113,827 throughout the day, reflecting tight intraday consolidation. Bitcoin The broader daily trend remains bearish following bitcoin‘s rejection […] Original
ENA Reserves Fall as Price Climbs 3% — More Upside Coming?
Key Notes 140 million ENA have been withdrawn from exchanges in the past four days. Ethena’s TVL surged to just below $12 billion, reflecting growing adoption. ENA is currently trading around $0.66, up by 3% in the past 24 hours. While the broader crypto market remains flat, Ethena ENA $0.65 24h volatility: 2.4% Market cap: $4.30 B Vol. 24h: $536.75 M has gained 3% in the past day, showing resilience amid uncertainty. At the time of writing, the 32nd largest cryptocurrency trades around $0.66 with a market cap of $4.38…
Analyst Puts XRP Cycle Top Above $20, But Says Price Must Hold Last Line Of Defense
Crypto analyst EGRAG CRYPTO has long been one of the most vocal bulls of XRP, calling for higher prices even when the cryptocurrency was being weighed down by Ripple’s battle with the Securities and Exchange Commission (SEC). However, as the altcoin has struggled due to the current bearish market, the analyst has called out multiple important levels to watch. While he continues to call for new all-time highs, EGRAG warns that XRP must hold this last line of defense or risk falling into a bear market. XRP Price Must Not…
Bitcoin price dips to $112K as retail dumps, whales buy more
Bitcoin price slipped to $112,828 on Aug. 22, down 1.4% on the day as retail demand cooled while whales quietly accumulated. Summary Bitcoin trades at $112,828, 9.3% below its Aug. 14 all-time high of $124,128. Retail demand is fading, but whales bought 16,000 BTC in the past week. Technicals show $112K as key support; failure could push prices toward $105K. Bitcoin (BTC) is now 9.3% below its peak of $124,128 reached on Aug. 14 and down 6% for the month. With daily spot volume falling 23.9% to $31.58 billion, trading…
Saylor’s Strategy Does Not Aim To Influence Bitcoin’s Price
Michael Saylor’s Strategy, the largest corporate holder of Bitcoin, does not try to influence the price of Bitcoin when it executes buys, according to the executive who oversees the company’s massive BTC treasury. “The way we buy Bitcoin is we do not move the price of the Bitcoin,” Strategy’s corporate treasurer and head of investor relations, Shirish Jajodia, told Natalie Brunell on the Coin Stories podcast on Wednesday. Market participants often speculate that Strategy’s significant Bitcoin (BTC) acquisitions help push the price of Bitcoin, but Jajodia said the company carefully…
XRP Price Declines Again, Key Support Tested as Risks Increase
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…