Opinion: Powell's speech tonight is expected to cause a 2% price swing in Bitcoin.
Pulkit Goyal, head of trading at cryptocurrency market maker Orbit Markets, said, "BTC options are pricing in approximately 2.0% volatility around Powell's Jackson Hole speech. However, downside volatility seems more likely if Powell's comments contrast with the widely expected rate cut implications." (CoinDesk)
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Pulkit Goyal, head of trading at cryptocurrency market maker Orbit Markets, said, "BTC options are pricing in approximately 2.0% volatility around Powell's Jackson Hole speech. However, downside volatility seems more likely if Powell's comments contrast with the widely expected rate cut implications." (CoinDesk)
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Hot meme coins are experiencing mixed movements, with OKB down 2.31% in the past hour and BIO up 13.68% in the past hour.
According to market information, after Powell's dovish remarks, Bitcoin and Ethereum experienced a short-term breakthrough and surge. However, recently, the strong altcoins have seen mixed gains and losses, and have not shown a corresponding surge in Bitcoin and Ethereum. Among them:
OKB fell by 2.31% in the past 1 hour, now trading at $213.63;
SOL rose by 4.07% in the past 1 hour, now trading at $188.66;
BIO rose by 13.68% in the past 1 hour, now trading at $0.2326.
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According to market information, after Powell's dovish remarks, Bitcoin and Ethereum experienced a short-term breakthrough and surge. However, recently, the strong altcoins have seen mixed gains and losses, and have not shown a corresponding surge in Bitcoin and Ethereum. Among them:
OKB fell by 2.31% in the past 1 hour, now trading at $213.63;
SOL rose by 4.07% in the past 1 hour, now trading at $188.66;
BIO rose by 13.68% in the past 1 hour, now trading at $0.2326.
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π August 22 2025 cryptocurrency news highlights
γCryptocurrencyγ
Hot meme coins are experiencing mixed movements, with OKB down 2.31% in the past hour and BIO up 13.68% in the past hour.
γEconomyγ
π΅π Philippines House introduces a bill to establish a strategic Bitcoin reserve π
γIndicatorsγ
ANAP Holdings increased its holdings by 6.26 BTC, bringing the total holdings to 1,006.31 BTC.
γMoreγ
Dogecoin (DOGE) and Shiba Inu (SHIB) Holders Are Pivoting Into Remittix (RTX) Before It Hits $1
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γCryptocurrencyγ
Hot meme coins are experiencing mixed movements, with OKB down 2.31% in the past hour and BIO up 13.68% in the past hour.
γEconomyγ
π΅π Philippines House introduces a bill to establish a strategic Bitcoin reserve π
γIndicatorsγ
ANAP Holdings increased its holdings by 6.26 BTC, bringing the total holdings to 1,006.31 BTC.
γMoreγ
Dogecoin (DOGE) and Shiba Inu (SHIB) Holders Are Pivoting Into Remittix (RTX) Before It Hits $1
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US Bitcoin miners like CleanSpark and IREN face over $100 million in new tariffsβa 57.6% duty imposed on Chinese-made mining rigsβadding stress amid falling mining fees. Meanwhile, Polkadot launched a capital markets division to attract Wall Street interest in areas like DeFi, staking, and real-world assets. In addition, sports betting firm SharpLink added 143,595 ETH (β$667M) to its treasury, while China is reportedly considering authorizing yuan-backed stablecoins, signaling a potential policy pivot.
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Ether ETFs Stage $288M Comeback as Bitcoin Outflows Persist π·
After five consecutive days of Bitcoin ETF redemptions, totaling $194 million in outflows, Ethereum ETFs reversed course with a strong $288 million inflowβa notable shift in investor sentiment toward ETH-centered investment products.
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After five consecutive days of Bitcoin ETF redemptions, totaling $194 million in outflows, Ethereum ETFs reversed course with a strong $288 million inflowβa notable shift in investor sentiment toward ETH-centered investment products.
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A prominent Bitcoin investor deposited 300 BTC ($34.86M) into Hyperliquid to convert into ETH. They now hold 135,265 ETH ($581M) long at a $4,295 average entry, up $58M, and 122,226 ETH ($535M) spot at $4,377, up $42M.
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π August 23 2025 cryptocurrency news highlights
γCryptocurrencyγ
Bitcoin Breaks $117K, Bulls Gain Momentum After Bear Liquidationsπ
γEconomyγ
El Salvador has increased its holdings of 8 bitcoins in the past 7 days.
γMoreγ
US court grants brief stay in Coinbase lawsuit involving biometric data
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γCryptocurrencyγ
Bitcoin Breaks $117K, Bulls Gain Momentum After Bear Liquidations
γEconomyγ
El Salvador has increased its holdings of 8 bitcoins in the past 7 days.
γMoreγ
US court grants brief stay in Coinbase lawsuit involving biometric data
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Fidelity Bitcoin ETF (FBTC) Posts $50.9M Daily Net Flow β BTC Spot ETF Flows Data for Tradersπ°
Recent data shows strong institutional interest in Bitcoin, with Fidelityβs Bitcoin ETF seeing \$50.9 million in daily inflows on August 23, 2025. The surge in ETF investments signals bullish sentiment in the crypto market and could impact Bitcoinβs price direction while creating trading opportunities across pairs like BTC/USD and BTC/ETH.
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Recent data shows strong institutional interest in Bitcoin, with Fidelityβs Bitcoin ETF seeing \$50.9 million in daily inflows on August 23, 2025. The surge in ETF investments signals bullish sentiment in the crypto market and could impact Bitcoinβs price direction while creating trading opportunities across pairs like BTC/USD and BTC/ETH.
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