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Home»Security»Okb hits Ath, Yzy plunges in front of Jackson Hole’s speech by Powell
Security

Okb hits Ath, Yzy plunges in front of Jackson Hole’s speech by Powell

August 23, 2025No Comments
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OKB climbed to a new summit of all time (ATH), the Kanye West Yzy token fell, and Bitcoin fell below $ 113,000 in front of Jackson Hole’s speech by Jerome Powell, Jerome Powell, later in the day.

OKB led the winners with an overvoltage of 16% to discuss $ 218 at 4:15 p.m., where he also received a new ATH at $ 255.50.

Among the other best winners, ZCASH (ZEC) jumped 9.8%, Gatetoken (GT) climbed by 5.6%and Kucoin Token (KCS) increased by 3.2%.

Meanwhile, the price of Bitcoin fell from a fraction of percent to exchange at $ 112,837 in front of Powell’s potentially pivot speech. Investors will closely monitor the signals to find out if the Fed is preparing to reduce rates in September or remain concerned about inflation.

Okb goes up to Ath as a wider drop of drops with a neutral feeling

OKB has reached a new summit of all time at around $ 229, Fibonacci retractions indicating a key support at $ 200 and resistance at $ 236.

Simple 50 days and 200 days (SMAS) medium mediums remain optimistic, and the RSI at 59.17 reflects a strong but cooling momentum.

If buyers maintain the price of more than $ 200, OKB could target $ 294. A solid support area is at $ 171.

Okb

The Crypto Espace overall fell with a fraction of one percent in the last 24 hours for a market capitalization of 3.85 billions of dollars, while the coins dropped by 2%.

The biggest losers among the main cryptos were pump.fun (pump), tezos (XTZ) and official Trump (Trump), with falls of 3.7%, 3.2%and 2.9%, respectively.

This occurs while the fear and greed index remained at the level of 50, decreasing sharply compared to 60 last week.

Index for fear of crypto and greed

The drop in the market has resulted in total liquidations of $ 224 million, according to Coinglass.

The Kanye West Yzy token falls 45% after launch

Yzy Money, a token linked to rapper Kanye West (alias Ye), fell 45% in the last 24 hours to negotiate $ 0.6523.

The token initially climbed to reach a market capitalization of $ 3 billion after being promoted to Kanye West’s X account. But its subsequent collapse seemed to confirm the concerns that it could be a rugpull.

While the controversial influencer Andrew Tate is sitting on an unrealized profit of $ 41,000 and 13 other portfolios pocketed more than $ 1 million each of the token, thousands of investors ended up with losses. JUST Six addresses, probably initiates, control 90% Bubblemaps data.

A chain detective by the pseudonym name has linked one of the wallets that pulled the Yzy token to another set of wallets behind the swing, adding suspicions around the token.

5 / a summary

This is what they have extracted so far:
• Interior information
• Large capital

Nearly 23m, now sitting on Kamino or already on Binance pic.twitter.com/op1xzyfgwc

– Désthève (@dethective) August 21, 2025

Bitcoin falls below $ 113,000 in front of Powell Jackson Hole’s speech

Bitcoin is down more than 3% last week after reaching ATH of more than $ 124,000 on August 14.

Big day today! The president of the Fed, Jerome Powell, will speak during the Jackson Hole event today at 4 p.m. CEST / 10 H HE.

Powell was under pressure from Trump to reduce interest rates, while he obtains mixed signals from economic data.

A labor market in difficulty would inspire the Fed … pic.twitter.com/e4ndpivl74

– Jelle (@cryptojellenl) August 22, 2025

Momentum indicators return to the bullish feeling

The weekly BTC / USD graph shows that the Bitcoin price fell below $ 113,000. However, the upward channel model is solid from the bear of 2022-2023 around $ 15,000 to $ 20,000.

The 50 -day simple mobile average (SMA) at $ 93,893 acts as support, which was a key catalyst in the price of the BTC price.

Meanwhile, the relative resistance index (RSI) at 58.24 is neutral but lowering, which suggests that the sellers can take momentum to push the BTC to the resistance of $ 107,500 of the support.

In the short term, investors ensure resistance at $ 120,000, because if the BTC Le Rompt price, $ 150,000 is likely.

Conversely, if today’s speech becomes a fellow worker, Bitcoin could throw support of $ 94,000.

BTC / USD Source analysis table: tradingViewBTC / USD Source analysis table: tradingView
BTC / USD Source analysis table: tradingView

Despite the upward perspectives, Bitcoin (ETF) Bitcoin funds displayed their longest series of outings in more than four months at around $ 1.17 billion, according to Sosovalue data.

Procap CEO Anthony Pose, said Bitcoin has reached levels of occurrence, suggesting that he could be ready for a gathering.

The CEO of Procap, Anthony poses, says that the Bitcoin draw shows the maturation of the asset and thinks that it is a good sign for $ BTC in the long term. pic.twitter.com/ijpkv02u

– Crypto Aman (@CryptoManClub) August 22, 2025

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