Digital Assets Decline as Traders Anticipate Fed Chair’s Speech

According to BlockBeats, digital assets are under pressure as markets brace for Federal Reserve Chair Jerome Powell’s upcoming speech at the Jackson Hole symposium on Friday.

U.S. spot Bitcoin and Ethereum ETFs have recorded four consecutive days of outflows, with investors pulling a net total of $1.9 billion. The trend reflects heightened caution as traders weigh the potential for policy signals on inflation and interest rates.

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