Bitcoin briefly fell below $80,000 following Federal Reserve Chair Kevin Warsh's hawkish speech at the Jackson Hole symposium, where he emphasized that inflation remains a key issue for the Fed. Warsh highlighted that inflation rates are still well above the Fed's 2% target, with the Personal Consumption Expenditures measure at 3.7% year-over-year and accelerating over six months. This led to a sharp increase in expectations for a September rate hike, causing nearly $488 million in crypto liquidations, mostly from traders betting on Bitcoin's rise. Despite the dip, Bitcoin stabilized around $79,000 to $79,500, reflecting cautious optimism among investors amid ongoing inflation concerns.
Bitfinex analysts report that Bitcoin's price is entering a bull phase, driven by its increasing correlation with gold as both are seen as hedges against fiscal and monetary deterioration. Rising US debt and shifting market focus toward debasement tr...
Bitcoin has seen a short-term price rebound driven by growing institutional interest and macroeconomic factors, particularly the rising US federal debt which surpassed $40 trillion. This debt increase weakens the US dollar, prompting investors to see...
Historically, Bitcoin has often experienced a weak September, notably from 2017 to 2022 with six consecutive negative returns. However, recent years have shown a shift, with positive closes in September 2023, 2024, and 2025. Strong spot and ETF deman...
At the Jackson Hole symposium, Fed Chair Kevin Warsh emphasized inflation concerns without committing to a rate hike, leading markets to anticipate tighter policy. Bitcoin dropped from about $80,000 to below $77,000 before recovering slightly, reflec...
Bitcoin briefly surged to $81,500 but failed to maintain the $80,000 support level, falling below $77,000 after Federal Reserve Chair Kevin Warsh's speech. The speech, which rejected forward guidance due to inflation risks, weakened immediate demand ...
