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Bitcoin Stays Below $80,000 as Fed’s Warsh Talks Inflation At Jackson Hole - Invest In Crypto News

Bitcoin (BTC) saw volatility after Friday’s Wall Street open as markets reacted to US Federal Reserve chair Kevin Warsh’s comments on future monetary policy. Key points: Bitcoin initially fell during Fed chair Kevin Warsh’s Jackson Hole keynote speech before circling $79,500.Warsh said he sees no trend change in inflation despite recent lower PCE and CPI prints.BTC price action sustaining above $83,000 hinges on Bitcoin derivatives traders, anal…

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Bitcoin Slips Below $80,000 After Kevin Warsh Inflation Vow

·New York, United States
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Bitcoin, which experienced one of its strongest rallies in recent years last week, has seen a shift in sentiment. Hawkish messages from Fed Chairman Kevin Warsh at Jackson Hole strengthened the dollar and accelerated sell-offs in the cryptocurrency market. The sharp shift in interest rate expectations also dragged down altcoins.

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Bloomberg broke the news in New York, United States on Friday, August 28, 2026.
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