**Cryptocurrency News**
- Bitcoin (BTC) demand in the US increased after Federal Reserve Chairman Jerome Powell’s remarks at the Jackson Hole Symposium.
- According to CryptoQuant, BTC has risen amid growing investor interest in the US, but overall demand growth for Bitcoin remains low and has been negative in recent weeks.
- Coinbase has seen its premium rise to 0.11%, indicating strong demand from US investors.
- The Inter-exchange Flow Pulse metric also shows BTC inflows to Coinbase, which typically occurs during bull markets.
- In the futures market, Bitcoin demand and open interest have also increased, signaling an increase in long positions.
- Despite the growth in demand in the US and a 6% increase in the BTC price, overall demand for Bitcoin remains negative, indicating further gains are needed for a sustainable market recovery.