🚀 Crypto Market Update – Aug 23
🔸 BTC: $116.6K – $117.2K
➡️ Rebounded after Powell’s dovish speech. Short-term bullish, but watch $117K–$118K resistance.
🔸 ETH: ~$4,780 (+14%)
➡️ Strong rally! Boosted by Fed tone & institutional inflows (Peter Thiel’s firms). Long-term bullish on adoption.
🔸 BNB: ~$880 – New ATH 🚀
➡️ Driven by institutional demand. Next targets: $900 – $1000.
📊 Market mood = Bullish, with ETH & BNB leading gains, BTC deciding next
big move.