Analysis: BTC price volatility may intensify before Fed Chairman's speech at Jackson Hole Conference
Despite a general rise in the US stock market later this week before Federal Reserve Chairman Jerome Powell's speech at the Jackson Hole Conference, Bitcoin prices have still fallen slightly in the past 24 hours. In the past 24 hours, the price of Bitcoin has fallen by nearly 3%, trading at around $58,500. BRN analyst Valentin Fournier said that the upcoming Jackson Hole conference could lead to increased volatility in Bitcoin prices, as the market awaits further news from the Federal Reserve at the conference and macroeconomic indicators, and Bitcoin's volatility may rise in the coming days or weeks.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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