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Bitcoin Holds Steady at $113K as Solana and Dogecoin Surge Ahead of Powell’s Jackson Hole Address

Bitcoin Holds Steady at $113K as Solana and Dogecoin Surge Ahead of Powell’s Jackson Hole Address

Author:
Coindesk
Published:
2025-08-21 05:31:34
19
2

Bitcoin Hovers at $113K; Solana and Dogecoin Lead Gains Ahead of Powell’s Jackson Hole Speech

Digital assets flex muscle while traditional finance watches from the sidelines—proving once again that decentralized markets don't wait for central bank permission slips.

Bitcoin maintains its throne at the $113,000 level, demonstrating remarkable stability amid swirling macroeconomic anticipation. Meanwhile, Solana and Dogecoin steal the momentum spotlight, posting impressive gains while Wall Street analysts scramble to adjust their outdated models.

All eyes turn to Jackson Hole where Fed Chair Powell's upcoming speech has traditional markets holding their breath. Crypto markets? They're already pricing in the next move—because when has waiting for bureaucratic guidance ever built real wealth?

While bankers prepare their carefully worded statements, blockchain networks process billions in value transfers without asking for permission. The irony isn't lost on anyone watching both systems operate in real-time.

Another day, another demonstration that financial innovation happens with or without regulatory blessing. The train has left the station—and it's not stopping at the Federal Reserve's designated stations.

|Square

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