Markets

Bitcoin falls below $78,000 as crypto market faces correction after Warsh’s Jackson Hole comments

Economic Times MarketsSaturday, 29 August 2026

Bitcoin and Ethereum extended their declines as crypto markets remained under pressure following Kevin Warsh’s hawkish comments on inflation and US monetary policy. Analysts said elevated leverage and liquidations added to selling pressure, while crypto ETF inflows and gains in US technology stocks offered some support to the broader market.

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