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Wall Street takes a breather ahead of Fed Chair Jerome Powell's speech at the Jackson Hole meeting. Bitcoin held the $60,000 level in the New York market on Dec. 22 (local time). Cointelegraph reported that the $60,000 support level held firm, supported by inflows into ETFs.

Crypto data provider Alternative's self-estimated “Fear-Greed Index” fell four points from the previous day to 26. The fear phase persisted as sentiment worsened. The index indicates extreme fear in the market, with readings closer to zero indicating extreme fear, and readings closer to 100 indicating extreme optimism. The

Crypto data provider Alternative's self-estimated “Fear-Greed Index” fell two points from the previous day to 27. The fear phase persisted as sentiment worsened. The index indicates extreme fear in the market, with readings closer to zero indicating extreme fear, and readings closer to 100 indicating extreme optimism. The

According to Cointelegraph, an anonymous crypto analyst named Trader Tardigrade, who has around 53,000 followers on X (formerly Twitter), has diagnosed that "the BTC/USD 2-week chart is showing a pattern similar to the pre-bull market pattern seen in 2019-2020." "On that chart, the recent BTC

BTC could fall to $52,000 amid recession fears and deteriorating sentiment among futures traders, according to Cointelegraph. "Earlier, JPMorgan raised the probability of a US recession to 35% from 25%, while FOMC member Michelle Bowman said a September rate cut is unlikely due to still high inflation risks

Crypto data provider Alternative's self-estimated Fear-Greed Index rose 28 points from the previous day to 48. The improved sentiment moved the index from extreme fear to neutral in a single day. The index is measured by the Fear-Greed Index, which reads close to zero to indicate extreme fear