Bitcoin Nears $65K Range Amid Powell's Latest Remarks

Bitcoin (BTC) reached an impressive peak of $64,853 per unit on Friday, spurred by U.S. Federal Reserve Chair Jerome Powell's speech at Jackson Hole.

Bitcoin (BTC) price action showed signs of recovery on Friday, September 2, with the cryptocurrency rising above the $64,000 mark. BTC reached an intraday peak of $64,853, fueled by optimism surrounding U.S. Federal Reserve Chair Jerome Powell's speech at Jackson Hole.

Bitcoin price approached the 64 thousand dollar band. BTC price is up 5.3% today and 6.6% last week against the US dollar.

Bitcoin price is trading at 64 thousand 433 dollars, up 5.3% as of today, and its price per coin reached the highest level of 64 thousand 853 dollars. Interestingly, the cryptocurrency is currently trading above $64k and is near its recent peak.

BTC price also U.S. It rose 6.6% against the dollar last week and is close to its most recent peak. Last week's low was $59,840 and the BTC price has continued to rise since then.

As Bitcoin price approaches the $64,000 band, the broader crypto market also traded in the green. Total worldwide cryptocurrency market cap is currently $2.24 trillion and 24-hour volume is approximately $134 billion.

BTC, the number one cryptocurrency by market cap, is up 5.3% as of today, with other coins recording lower gains. Ethereum (ETH) price traded 5 times and dogecoin (DOGE) price increased 7.25%.

Among the top performers on the top gainers list, sun token (SUN) price increased by 46.47% followed by tellor (TRB) price increased by 31.27% in 24 hours.

More interesting gainers include MEME, CKB, TURBO, SUI, MEW and FET, each up between 18.16% and 21.33% as of today.

Apart from BTC, ETH and stablecoins, the highest transaction volumes were seen in DOGE, TRX, PEPE, SOL, BNB, XRP, AVAX, WIF and SUI.

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