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Bitcoin fell below $113,000, pulling the crypto market down 1.5% to $3.9t as profit-taking deepened ahead of Powell’s Jackson ...

The market analysts, however, remain optimistic, suggesting that ongoing macroeconomic factors point toward a potential trend ...

The mood has soured quickly after a string of record highs, with traders forced to reckon with the macro backdrop once again.

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Google searches for “alt season” has dropped about 55% as Bitcoin continues to pull back from its recent highs.

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BTC is down 2.5% and trading around $113,500 as the crypto market bleeds ahead of Powell's Jackson Hole speech on Friday.