Bitcoin has experienced a significant decline, falling below the critical threshold of $114,000, while Ether has also faced a considerable setback, losing $4,200 in value. This downturn in the cryptocurrency market comes amidst growing speculation surrounding the upcoming Jackson Hole speech, where analysts anticipate that the statements made could contain hawkish surprises that may further impact market sentiment and investor behavior.
source: https://www.coindesk.com/markets/2025/08/19/bitcoin-drops-below-usd114k-ether-loses-usd4-2k-as-jackson-hole-speech-might-bring-hawkish-surprise