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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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SEC approves Nasdaq rule change recognizing Bitcoin, Ethereum, Solana, and XRP as commodities.

SEC approves Nasdaq rule change recognizing Bitcoin, Ethereum, Solana, and XRP as commodities.

The U.S. Securities and Exchange Commission (SEC) approved a Nasdaq Texas rule change that officially classifies Bitcoin, Ethereum, Solana, and XRP as digital commodities. This change allows more flexible management of crypto investment products on t...

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Bitcoin jumps 5% as Fed signals possible pause on rate hikes, easing market fears.

Bitcoin jumps 5% as Fed signals possible pause on rate hikes, easing market fears.

Bitcoin dropped to $77k after Fed Chair Warsh hinted at more rate hikes, raising inflation fight concerns. However, Fed Governor Waller later suggested rates might stay unchanged in September, sparking a 5% Bitcoin rally and $730.8 million inflow int...

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G7 urges financial sector to prepare for post-quantum cryptography amid BTC, ETH, SOL quantum readiness tests

G7 urges financial sector to prepare for post-quantum cryptography amid BTC, ETH, SOL quantum readiness tests

The G7 Cyber Expert Group has called on financial institutions to start planning a coordinated transition to post-quantum cryptography to safeguard against future quantum computer threats. This shift is a long-term effort requiring extensive inventor...

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Neutral
10 hours ago
Michael Saylor defends Bitcoin advocacy without license amid CLARITY Act debate and Strategy buys 4,603 BTC.

Michael Saylor defends Bitcoin advocacy without license amid CLARITY Act debate and Strategy buys 4,603 BTC.

Michael Saylor, Executive Chairman of Strategy, stated that Americans can publicly discuss and recommend Bitcoin without needing a license, emphasizing Bitcoin as a commodity, not a security. This stance aligns with the Commodity Futures Trading Comm...

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Cardano Foundation gets first-ever blockchain-attested audit from Grant Thornton Switzerland

Cardano Foundation gets first-ever blockchain-attested audit from Grant Thornton Switzerland

Grant Thornton Switzerland has officially attested the Cardano Foundation's 2025 financial statements directly on the Cardano blockchain, marking the first time a major crypto organization has received an on-chain auditor's signature. This audit, dat...

Protocol Fundamentals
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