The crypto market is seeing a pullback as traders trim exposure ahead of Fed chair Powell's Jackson Hole speech.
$BTC slipped to around $113.6k and $ETH to $4,156 while $XRP fell below $3. On-chain data shows nearly 12k Bitcoin moved to exchanges, hinting at profit taking near recent highs.
Now the big question is, has the rally already peaked or is this just a healthy pullback for long term accumulation?
Meanwhile as the market continues to tank, the BingX EUR trading festival might be another call for action, as traders might be out for trading opportunities.
