Bitcoin's price surged above $61,000 as the market anticipates key comments from the Jackson Hole symposium scheduled for later on Friday. Expectations are high that these comments could provide insights into the Federal Reserve's future monetary policies.
These policies are crucial as they can influence the prices of risk assets, including cryptocurrencies like Bitcoin. While Bitcoin rises, Ether ETFs have continued their streak of record outflows, indicating differing investor sentiment between these two major cryptocurrencies.
