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- GT Airdrop Is Live! 1.92M GT Burned in Q2, Worth Over $39M
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BRN Analyst: BTC Price Fluctuation May Intensify Before Fed Chairman's Speech at Jackson Hole Conference
Despite the general pump in the US stock market before Federal Reserve Chairman Jerome Powell's speech at the Jackson Hole Conference later this week, the price of Bitcoin has still slightly declined in the past 24 hours. In the past 24 hours, the price of Bitcoin has dropped by nearly 3%, trading at around $58,500. Valentin Fournier, an analyst at BRN, said that the upcoming conference in Jackson Hole may intensify the fluctuation in Bitcoin price, as the market awaits further news from the Federal Reserve at the Jackson Hole Symposium and macroeconomic indicators. The fluctuation of BTC may rise in the next few days or weeks. (TheBlock)