OKB surged to a new all-time high, Kanye West's YZY crashed, and Bitcoin fell below $113K ahead of Jerome Powell's Jackson Hole speech.

Liquidity constraints pose a significant challenge for BTC bulls looking to engineer a steep uptrend well into the year-end.

Bitcoin slides to $115,500 with key Bitcoin support levels in focus. Analysts eye Jackson Hole and jobless data as the next drivers for crypto markets.

Bitcoin rose more than 2% on Friday after Federal Reserve Chair Jerome Powell signaled it may be time to cut interest rates amid mounting concerns about the labor market during his speech at the central bank’s Jackson Hole symposium.

There's a note of caution seeping into crypto markets, with bitcoin (BTC) sliding under $115,000 and ether (ETH) falling to $4,220 ahead of Fed Chairman Jerome Powell's speech at the Jackson Hole Symposium later this week.

Crypto traders had been preparing in recent days for a more-hawkish tone from Fed Chair Jerome Powell's highly anticipated speech in Jackson Hole.