Bitcoin Holds Steady, Altcoins Surge as Traders Await Powell’s Jackson Hole Speech

Bitcoin price has remained relatively stable around the $113,000 mark, with traders waiting for Jerome Powell’s anticipated speech at Jackson Hole. Solana and Dogecoin are leading the charge in altcoin gains, despite a cautious market overall. Analysts warn that a hawkish Fed could significantly lower Bitcoin to the $100,000 level, while a dovish pivot might spark short-term price increases.