Bitcoin Stands at $113,000, Ether Holds $4,280 Amidst ETF Flows, Inflation Risks
Bitcoin traded near $113,500 on Thursday, August 22, and is almost 8 percent down this month, while Ether rose by 2-3 percent to $4,280. Analysts said ETF flows, inflation worries, and a $13.8 billion options expiry act as major factors shaping sentiment. While Jerome Powell’s Jackson Hole speech is due today, traders are weighing whether crypto stabilises at its current levels or gears up for a breakthrough.
