Live updates: Bitcoin holds $77,000 as XRP, Zcash pull back after a big weekly rally
Bitcoin holds its gains near $77,000 after a 22% week, while last week's biggest altcoin winners steady, with focus turning to Fed Chair Warsh's Jackson Hole debut.
Bitcoin is holding near $77,000 after a 22% weekly gain, according to CoinDesk. Other cryptocurrencies that had a significant rally last week are steady, with some pulling back, including XRP and Zcash.
The focus is now turning to Federal Reserve Chair Jerome Powell's speech at Jackson Hole.
Strive CEO has expressed optimism about the next bitcoin cycle, saying it will be the strongest ever, driven by bitcoin's performance against the dollar and gold, as reported by The Block.
Brief written by urgent.news from CoinDesk, Live Mint, The Block — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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