Bitcoin & Ethereum Charts

Today is Friday, August 26th, 2022. Bitcoin’s current price is $20,656 and Ethereum price is $1,509. After Jerome Powell’s speech, both the crypto and equity markets definitely reacted as expected with prices sinking downwards. Also, Powell stated times will be tough for businesses and people while rate hikes will likely continue for some time to get us back into the 2%-4% inflation range. Bitcoin breaking below its range from the previous couple of weeks and Ethereum both looking to test back down in the lower ranges from previous months if the pressure continues from the economic standpoint. Ethereum is taking a harder fall based on overhyping from The Merge news coming around the start of last month.