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المشهد العربي
Crypto Gains Ahead of Fed Speech
Cryptocurrency prices saw an increase during Thursday's trading session, as the market awaited Fed Chair Kevin Warch's speech at the Jackson Hole symposium to gauge the direction of US interest rates. Bitcoin rose by more than 1%, surpassing $79,500, marking monthly gains of over 20% in August. This comes alongside assurances from Binance's founder that Bitcoin is on track to become a financial asset gradually surpassing gold. Other digital currencies, such as Ethereum and Ripple, also experienced gains of 1.75% and 3.10%, respectively, reflecting a collective upward movement in the digital market.
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