Bitcoin dropped nearly 5% from around $81,400 to $77,000 after Fed Chair Kevin Warsh's speech, triggering immediate crypto market pressure on August 29, 2026.
Bitcoin: Drops 5% After Fed Chair Warsh Speech
Bitcoin dropped nearly 5% from around $81,400 to $77,000 after Fed Chair Kevin Warsh's speech, triggering immediate crypto market pressure on August 29, 2026.
blockchain.news
Publisher
Aug 29, 2026 at 3:59 AM UTC · 1 Min. Lesezeit
Entities
bitcoin
Market Impact
BTC-2.57%$77,617
Last Updated
vor 31 Minuten
Übersetzung…
Price action now sits at $77573.99 inside the Bollinger Bands with upper resistance at $80622.99, while the bullish structure holds above EMA50 support at $76820.62 and EMA200 at $69950.09; the MACD death cross at 171.4 signals short-term momentum loss even as RSI at 43.08 stays neutral, suggesting a healthy retracement toward the 50-EMA before any continuation higher in this BTC price prediction environment.
Sourced by
Originally reported by blockchain.news
NewsLayer coverage based on externally reported material.
The Daily Brief
The onchain economy, before your day starts.
Curated markets, onchain insights, and key headlines — delivered every weekday morning.
Weekdays · Free · ~5 minute read
0
Applause
Was this article helpful?
Market Context
Bitcoin
BTC
$77,617
-2.57% (24H)
Market Cap
$1.56T
24H Volume
$28.5B
24H High
$80,000
Article Intelligence
Key Entities
Related Coverage
CryptoBitcoin slips below $80,000 as Fed sharpens inflation warning | 2-year Treasury yields rose, hike probability up | Inshortsvor 40 Minuten · 1 min read
CryptoBitcoin Slides to $77,000, but Prediction Market Gives 78% Odds of Reaching $84,000 Firstvor 2 Stunden · 2 min readCryptoBitcoin ETF: $201.9M Net Outflow Hits August 28vor 21 Minuten · 1 min readSponsored
Ad
NewsLayerLearn more
NewsLayer Premium
Unlock deeper intelligence.
Ad-free reading, exclusive research, and real-time onchain insights.
Go Premium
