Fed’s Dovish Pivot Sparks Crypto Frenzy: Ethereum Hits Record High, Bitcoin $117K Breakout, XRP ETF Moves & More (Aug 22-23, 2025)
Powell’s Jackson Hole speech signaled possible rate cuts, sending Bitcoin about 3.5% higher to over $116,000 and Ether up roughly 12%, with total crypto market cap above $4 trillion. Bitcoin broke above $117,300, triggering roughly $380 million in bearish short liquidations in a single
