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The Kansas City Federal Reserve's annual Jackson Hole Symposium is underway, and Powell will deliver his keynote address Friday morning.
A lot of put options are in-the-money, crypto options exchange Deribit's Lin Chen said.

Don't ready too much into the move, said one observer, calling it a typical position reset.

The latest price moves in crypto markets in context for August 24, 2023.

Both tokens rose 3%, bitcoin and ether added as much as 1.2% and bnb (BNB) rallied 1% after staving off concerns about contagion risks in the BNB Chain ecosystem.

Despite today’s market-wide advance, the outlook for risk assets is pointing to softer prices for the next few weeks, one observer noted.


- 20:01Bitget Launches USDT-Margined MYX and LAUNCHCOIN Perpetual ContractsOn May 14, Bitget announced the launch of U-based MYX and LAUNCHCOIN perpetual contracts, both with a leverage range of 1-20x, and contract trading BOT will be opened simultaneously.
- 20:01The three major U.S. stock indexes opened higher, while cryptocurrency stocks slightly declinedBlockBeats News, on May 14, the US stock market opened with the Dow Jones up 0.1%, the S&P 500 index up 0.18%, and the Nasdaq up 0.3%. Cryptocurrency stocks slightly declined, among them: MicroStrategy (MSTR) down 0.43% CEX up 0.57% MARA Holdings (MARA) down 0.76% Riot Platforms (RIOT) down 1.44%
- 20:00Federal Reserve Vice Chair: Current Policy Rate is Well Positioned, Tariffs May Lead to Rising InflationBlockBeats News, on May 14, Federal Reserve Vice Chair Jefferson stated that the current moderately restrictive policy rate is well-positioned to respond to changes in economic development. Tariffs may lead to rising inflation, and it remains uncertain whether their impact is temporary or persistent.