Crypto Traders Eye Jackson Hole as Ether, XRP, Solana Drop Sharply in Retreat

Crypto markets spent the past 24 hours unwinding bullish bets as $270 million in liquidations hit traders, led by ether (ETH) and bitcoin (BTC) longs. The flush came alongside fading hopes of a September Fed rate cut, with Polymarket odds of “no cut” jumping from 12% to 26%. That shift left some…