Https://cb.run/BSnP US dollar hits new 20-year high — 5 things to know in Bitcoin this weekBitcoin (BTC) heads into the first week of September on a rocky road downhill after United States markets’ Jackson Hole rout.
After the U.S. Federal Reserve reinforced hawkish comments on the inflation outlook, risk assets sold off across the board, and crypto is still reeling from the aftermath.
A fairly nonvolatile weekend did little to improve the mood, and BTC price action has returned to focus on areas below $20,000.
In so doing, multiple weeks of upside have effectively disappeared, and in turn, traders and analysts expect a retest of the macro lows seen in June this year.
While all...
