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Crypto Traders on Edge: Jackson Hole Looms as Ether, XRP, Solana Plunge in Market Retreat

Crypto Traders on Edge: Jackson Hole Looms as Ether, XRP, Solana Plunge in Market Retreat

Author:
Coindesk
Published:
2025-08-19 06:32:27
20
3

Crypto Traders Eye Jackson Hole as Ether, XRP, Solana Drop Sharply in Retreat

Digital asset markets brace for volatility as Federal Reserve's Jackson Hole symposium approaches—just as major altcoins take a nosedive.

Ether bleeds out alongside XRP and Solana, leaving traders scrambling to hedge against macro risks. No surprises here—Wall Street's favorite 'uncorrelated asset' still dances to the Fed's tune.

Bonus jab: At least the crypto bros finally found something more unpredictable than their tokenomics—central bankers with PowerPoints.

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