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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

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Aug 29, 2026 at 3:59 AM UTC · 1 min de lecture

Bitcoin: Drops 5% After Fed Chair Warsh Speech
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bitcoin

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BTC-2.51%$77,698

Last Updated

il y a une heure

Traduction…

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.

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.

#bitcoin#crypto#blockchain#regulation

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Originally reported by blockchain.news

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Market Context

₿

Bitcoin

BTC

$77,698

-2.51% (24H)

$79,927$78,637$77,348
6 AM1 PM9 PM5 AM

Market Cap

$1.56T

24H Volume

$28.4B

24H High

$80,000

View Bitcoin Market Page

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bitcoin

Topics

regulationcryptoblockchain

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