Liquidity constraints pose a significant challenge for BTC bulls looking to engineer a steep uptrend well into the year-end.

Taiwan and South Korea stocks rebounded, climbing 1.5% and more than 1.2% respectively, after sharp declines in the previous session, as a Wall Street tech selloff dragged Asian benchmarks lower. Elsewhere, most equities advanced with the Malaysian benchmark rising 0.5% to touch a six-month high. Shares in Singapore edged up 0.2%.

Crypto companies that dumped coins into their balance sheets earlier this year are now watching their stocks bleed. August crushed the rally these firms

Euro US Dollar, Nasdaq 100, Gold Spot US Dollar, Silver Spot US Dollar. Read 's Market Analysis on Investing.com

Powell has never responded directly to Trump's provocations, and I, personally, expect this issue to play a predominant role at his latest meeting in Jackson Hole, perhaps even more so than the interest rate discussion. The independence of central banks is much more important than a 25 basis point change in the coming month.

Stocks start the week just shy of record highs, underpinned by a well-received corporate earnings season and hopes the Federal Reserve will soon start reducing official borrowing costs again. Investors are therefore keen that Friday’s keynote address by Fed Chair Jerome Powell at the Jackson Hole symposium will be suitably dovish.

The U.S. dollar hovered below a one-week high on Thursday and Asian stock markets were mixed as investors braced for three days of potentially market-moving news from the Federal Reserve's annual symposium in Jackson Hole.