📉📊 Bloomberg News analysis unfolds: Bitcoin's weekly returns, since last November, now mirror the lowest levels witnessed in the same period a year ago. Investor sentiment in high-risk assets has frozen, accentuated by a multi-year high in the 10-year US Treasury bond yield. Over the past week, Bitcoin has dipped over 10%, marking a two-month low. Ethereum and Ripple also followed suit, reflecting an impacting trend. The anticipation rests on Fed Chairman Jerome Powell's address at the Jackson Hole meeting, with hopes for a dovish signal. Yet, IG Australia's Tony Sycamore predicts otherwise, suggesting that dovish expectations might be disappointed. 📈🏦 #BitcoinMarketUpdate #BloombergAnalysis #CryptoWorldInsights