Market Reactions and Bitcoin Accumulations Ahead of Key Economic Speech

Host Jennifer Sanasie breaks down the latest news in the crypto industry as bitcoin price dropped after traders took profit over the weekend.

Bitcoin fell sharply as traders took profit following the new all-time high. According to data from Glassnode, investors booked in over $3.5 billion of realized profits across the weekend. Where is bitcoin headed next ahead of Fed Chair Powell's Jackson Hole speech? CoinDesk’s Jennifer Sanasie hosts “CoinDesk Daily.”

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This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.