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Bloomberg: Bitcoin Traders on Edge Ahead of Powell's Jackson Hole Speech

By: theblockbeats.news|2025/08/21 09:42:11

BlockBeats News, August 21st, according to Bloomberg, digital assets are weakening as traders brace for Federal Reserve Chair Jerome Powell's highly anticipated speech on Friday at the Jackson Hole Symposium.

The US Bitcoin and Ethereum spot ETFs have seen outflows for four consecutive trading days, with investors' net withdrawals reaching $1.9 billion.

UnicornX will host a new UniCall Countdown AMA today at 9:00 PM.

A whale is currently longing both BTC and YZY, with an unrealized loss of over $300,000.