Investment
Features
FeesSafety
Academy
More
Pluang+

Bitcoin drops to $78.4K after Fed Chair Warsh dismisses soft inflation data and ends forward guidance.

Market News
04 Sep 2026
Coincu
View Source
Bearish
Bitcoin drops to $78.4K after Fed Chair Warsh dismisses soft inflation data and ends forward guidance.

Bitcoin fell sharply to $78,442 on August 28, 2026, after Federal Reserve Chair Kevin Warsh dismissed recent soft inflation data and ended the Fed's forward guidance, causing markets to price in higher interest rates for longer. This hawkish stance increased expectations for rate hikes, pressuring Bitcoin and other cryptocurrencies while traditional stocks remained stable. The removal of forward guidance removes a key signal for traders, likely leading to more volatile crypto price reactions around Fed announcements. Upcoming inflation reports and Fed decisions will be critical for Bitcoin's next moves.

More News (BTC)

Bitcoin rises 1.37% to $84,186 despite overall crypto market decline

Bitcoin rises 1.37% to $84,186 despite overall crypto market decline

Bitcoin's price increased by 1.37% to $84,186 as the total cryptocurrency market capitalization dropped 2.35% to $2.83 trillion. While Bitcoin gained, the broader market contracted, with trading volume at $58.32 billion. Other major cryptocurrencies ...

Market News
Neutral
4 hours ago
Bitcoin holds above $84,000 despite $681M ETF outflows as oil prices drop

Bitcoin holds above $84,000 despite $681M ETF outflows as oil prices drop

Bitcoin rebounded to nearly $84,000 after slipping earlier in the week, shrugging off $681 million in outflows from U.S.-listed spot bitcoin ETFs, the largest since June. The decline in oil prices, partly due to eased U.S. sanctions on Russian diesel...

Market News
Bullish
4 hours ago
Filecoin leads crypto gains with a 14.75% surge amid broad market rise on Oct 12

Filecoin leads crypto gains with a 14.75% surge amid broad market rise on Oct 12

On October 12, Filecoin (FIL) led the largest cryptocurrencies with a 14.75% increase to $1.24, continuing its recent strong performance. This rise was part of a broader market uptrend where 72 of the top 90 cryptocurrencies gained value. Other notab...

Market News
Bullish
5 hours ago
Crypto markets mixed; Layer 2 tokens surge, Bitcoin tops $83K, DePIN assets rise

Crypto markets mixed; Layer 2 tokens surge, Bitcoin tops $83K, DePIN assets rise

Crypto markets showed mixed results with Layer 2 tokens leading gains, rising 6.62%, including Starknet up 111.53%. Bitcoin climbed 1.43% above $83,000, while Ether edged up 0.14% over $2,500. DePIN assets advanced 6.24%, led by Grass with a 49.41% j...

Market News
Bullish
6 hours ago
Bitcoin stalls near $82K-$83K as October underperforms and $100K breakthrough remains uncertain

Bitcoin stalls near $82K-$83K as October underperforms and $100K breakthrough remains uncertain

Bitcoin has been trading in a narrow range around $82,000 to $83,000, disappointing many investors expecting a strong October rally known as "Uptober." This contrasts sharply with October 2025, when Bitcoin hit an all-time high above $126,000 before ...

Market News
Neutral
7 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App