There were no major blockchain or cryptocurrency developments reported on Thursday, as digital asset markets largely tracked broader macroeconomic sentiment.
Price action subdued
Bitcoin and Ethereum held within narrow ranges, reflecting the absence of sector-specific catalysts. Traders noted reduced activity as investors positioned around global rate expectations.
Focus shifts to central banks
Market participants highlighted that the direction of digital assets in the near term is likely to mirror broader risk sentiment, particularly movements in U.S. Treasury yields and the dollar index.
Outlook
Without fresh sector drivers, blockchain assets remain in consolidation mode. Market watchers expect volatility to return following Powell’s Jackson Hole speech, with potential spill-overs into digital currencies.
REFH – Newshub, 21 August 2025
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