Cryptocurrency Market Remains Stable Ahead of Federal Reserve Jackson Hole Meeting
Publication Time:2024-08-23 20:16:07
Against the backdrop of recent non-farm employment data in the U.S. showing its largest decline since 2009, the market is focusing on Chair Powell's speech at the upcoming Jackson Hole meeting. However, under the shadow of this key event, the cryptocurrency market has not been significantly affected and continues to present a relatively stable situation. According to CoinGecko data, Bitcoin fell by 0.8% in the past 24 hours, trading at a stable price of $60,823.13; meanwhile, Ethereum (ETH) rose by 0.6%, currently priced at $2,658.48. This indicates that even during periods of global financial uncertainty, the cryptocurrency market can still maintain a certain degree of stability.
Federal Reserve
Cryptocurrency Market
Non-Farm Employment Data
Stable Performance
Jackson Hole meeting