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Benzinga
Benzinga
Business
Murtuza J Merchant

Bitcoin And Ethereum's Liquidity-Driven Highs Expose Fragility At All-Time Peaks: Report

Bitcoin Ethereum Crypto Jerome Powell
Chess,Pawns,Of,Bitcoin,And,Ethereum,Are,On,The,Classic

Bitcoin (CRYPTO: BTC) and Ethereum's (CRYPTO: ETH) surge highlights how tightly crypto markets have become bound to global liquidity cycles, with central bank signals now moving prices as sharply as on-chain developments.

What Happened: According to analysis from Cracked Labs, Federal Reserve Chair Jerome Powell's recent Jackson Hole speech, in which he hinted at possible "policy adjustments," was enough to spark a broad rally.

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