Crypto Stocks Circle, Coinbase Crash Before Powell’s Jackson Hole Speech
Crypto stocks like Circle (NYSE: CRCL) and Coinbase (NASDAQ: COIN) have come under strong selling pressure ahead of Jerome Powell’s Jackson Hole speech on Friday, August 22. Over the past week, both stocks are down by 7-12%, as macro uncertainty rises with waning hopes of Fed rate cuts during the September FOMC meeting. The Wall
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