Cryptocurrency markets retreated on Thursday, Aug. 21, as investors digested the Federal Reserve’s latest minutes and turned their attention to the Jackson Hole Symposium on Friday, Aug. 22.
Bitcoin (BTC) is currently trading at $112,773, marking a modest decline of 0.4% on the day and a nearly 4.7% drop over the past week. Ethereum (ETH) is also down 0.7% in the last 24 hours to $4,242, representing a 7.9% decline over the week.
XRP and Solana (SOL) followed a similar trend, with XRP at $2.89, down 0.4% on the day and 7.5% over the week, while SOL has slipped 1.5% in the past 24 hours to $182, losing 6.9% since last week.
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