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Affected by Powell's Speech, Mainstream Cryptocurrencies Experience a Short-term Surge, with Bitcoin Breaking $114,000 and Ethereum Breaking $4,400

By: theblockbeats.news|2025/08/22 14:11:39

BlockBeats News, August 22nd, according to HTX market data, Bitcoin broke through $114,000, currently trading at $114,145, with a 1-hour price increase of 1.3%.

Ethereum briefly surpassed $4,400, currently priced at $4,400.88, with a 1-hour price increase of 2.71%.

Powell: Fed Abandons 2020 Flexible Inflation Target Framework, Cannot Take Stable Inflation Expectations for Granted

Trump: Will Dismiss Fed Board Chair Cook if She Does Not Resign