Bitcoin Gives Up Gains, Slips Below $26K Ahead of Fed's Jerome Powell at Jackson Hole
The Kansas City Federal Reserve's annual Jackson Hole Symposium is underway, and Powell will deliver his keynote address Friday morning.
24H Price
The Gains Network price is $3.43, a change of -0.34% over the past 24 hours as of 6:27 a.m. The recent price action in Gains Network left the tokens market capitalization at $103,941,233.30. So far this year, Gains Network has a change of 9.68%. Gains Network is classified as a Computing under CoinDesks Digital Asset Classification Standard (DACS).
The Kansas City Federal Reserve's annual Jackson Hole Symposium is underway, and Powell will deliver his keynote address Friday morning.
Both tokens rose 3%, bitcoin and ether added as much as 1.2% and bnb (BNB) rallied 1% after staving off concerns about contagion risks in the BNB Chain ecosystem.
Despite today’s market-wide advance, the outlook for risk assets is pointing to softer prices for the next few weeks, one observer noted.
A generally bearish market has weighed down on XRP prices after a landmark victory by Ripple Labs.
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