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Bitcoin falls to $78.4K as Fed's Warsh downplays recent soft inflation data

Market News
29 Aug 2026
Cointelegraph
View Source
Bearish
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Bitcoin's price dropped to $78,400 following comments from Federal Reserve official Christopher Warsh, who minimized the significance of recent softer inflation figures. This suggests the Fed may maintain a cautious approach to monetary policy despite easing inflation, impacting investor sentiment in cryptocurrencies. Market watchers will be closely monitoring upcoming economic data and Fed statements for further direction.

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