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 dk okuma
Entities
bitcoin
Market Impact
BTC-2.57%$77,617
Last Updated
31 dakika önce
Çevriliyor…
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.
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Originally reported by blockchain.news
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Market Context
Bitcoin
BTC
$77,617
-2.57% (24H)
Market Cap
$1.56T
24H Volume
$28.5B
24H High
$80,000
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