How Expectations of Jerome Powell Make Bitcoin Investors Fearful and Fickle
Meanwhile, the broader crypto realm remains as jittery as a debutante at her first ball, all owing to the impending expiry of $3.82 billion worth of Bitcoin options-an event that has the understated thrum of a ticking clock before Powell’s speech at Jackson Hole. Do note, dear reader, that investors are swiftly swapping their BTC crowns for ETH, which now gleams at $4,259, despite a modest 0.5% daily volatility. Truly, a dance of shifting loyalties.