$BTC $ETH $XRP Cryptocurrency Market Analysis for Thursday, August 21: Here’s a summary of the key points:

* Bitcoin Movement: The price of Bitcoin fluctuated around $113,000. Some analyses indicated that the decline was driven by leverage and predicted a recovery.

* Important News: A construction company in Hong Kong announced an agreement to purchase 4,250 Bitcoins.

* Altcoin Market: The total market capitalization of cryptocurrencies rose by about $79 billion. Some altcoins such as OKB experienced significant increases, while coins like PEPE, SHIB, DOGE, and XRP also made gains.

* Influential Events: The Federal Reserve's Jackson Hole symposium, which began on the same day, is expected to affect market sentiment.