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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.

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XRP market value drops $6.52B, falling 7.33% from Oct 12-19, largest decline among major cryptos.

XRP market value drops $6.52B, falling 7.33% from Oct 12-19, largest decline among major cryptos.

XRP's market value fell by $6.52 billion, or 7.33%, between October 12 and October 19, dropping from $88.95 billion to $82.43 billion. This decline was steeper than Bitcoin's 1.99% and Ether's 4.99% losses over the same period. The decrease reflects ...

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Whale holds $140.88M long positions mostly in Bitcoin on Hyperliquid platform

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A large investor, or whale, holds $140.88 million in long positions on the Hyperliquid trading platform, with about 73% of the value in Bitcoin (1,236 BTC worth approximately $102.2 million) and the remainder in Ether (15,928 ETH worth about $38.67 m...

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Neutral
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Bitcoin rebounds above $83K but stalls amid ETF outflows and cautious market sentiment.

Bitcoin rebounds above $83K but stalls amid ETF outflows and cautious market sentiment.

Bitcoin briefly surged above $83,000 on October 19, easing fears of a major market crash linked to the 'Black Monday' anniversary. However, the rally lost momentum, with prices settling below $82,000 and a market cap around $1.64 trillion. Despite th...

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Neutral
5 hours ago
Crypto market cap drops 3.05% to $2.75T despite gains in Bitcoin and major altcoins

Crypto market cap drops 3.05% to $2.75T despite gains in Bitcoin and major altcoins

The total cryptocurrency market capitalization fell by 3.05% to $2.75 trillion as of October 19, despite six major cryptocurrencies posting gains. Bitcoin rose 0.75% to $82,600, holding 60.2% of the market share, while Ether increased 0.27% to $2,424...

Market News
Neutral
6 hours ago
US spot XRP ETFs see $1.84M outflows, ending 13-week inflow streak

US spot XRP ETFs see $1.84M outflows, ending 13-week inflow streak

US spot XRP ETFs experienced $1.84 million in net outflows for the week ending October 16, 2026, breaking a 13-week streak of inflows that began in early July. The outflows were primarily driven by a single $2.47 million withdrawal from Canary Capita...

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6 hours ago
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