"BTC Momentum Slows: Fed Chair Powell's Speech Looms
Bitcoin kicked off the week in the red, dropping 2.07% to $64,392, while
Ethereum fell 1.69% to $2,624.
Last week's bull run lost steam ahead of Fed Chair Jerome Powell's highly-anticipated speech on Sept 30.
Crypto investors are on high alert:
Powell's speech
Nonfarm payrolls data (Sept 30)
Market volatility expected
BTC's price dipped 2.09% in 24hrs to $64,403 (CoinMarketCap)
Rachael Lucas, crypto analyst at BitcoinMarkets:
BTC purchase strong, bulls ahead on daily chart
Momentum lost, but optimistic
Ethereum struggles:
Fell below 50-day moving average
Down 1.69% to $2626 (24hrs)
Stay tuned for a wild ride!"
Or, if you want a shorter version:
"BTC Loses Steam:
Down 2.07% to $64,392
Ethereum falls 1.69% to $2626
Fed Chair Powell's speech looms
Market volatility expected. Buckle up!"