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CoinDesk 20 Performance Update: Bitcoin and Ethereum Trade Flat as Index Drops 1.1% Don’t expect China’s stablecoin to touch the mainland HBAR Tests Critical Level of Support at $0.23 After Failed Bounce Haycen Secures Stablecoin Issuance License in Bermuda Markets Today: Holding Steady for Powell All Eyes on Powell as Bitcoin Holds Below $113K: Crypto Daybook Americas U.S. Stablecoin Law Jolts EU Into Rethinking Digital Euro Strategy: FT South Korea’s Top Banks Said to Meet Tether, Circle on Stablecoin Partnerships: Report Binance Australia Directed to Appoint External Auditor Over ‘Serious Concerns’ EU exploring Ethereum, Solana for digital euro launch: FT
Aug
2025
22

Markets Today: Holding Steady for Powell

Bitcoin (BTC) held a crucial support level at $112,500 overnight, aligned with the 61.8% Fibonacci retracement of its April to July rally. However, the rebound has been muted so far, reflecting cautious positioning ahead of Federal Reserve Chair Jerome Powell’s much-anticipated Jackson

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