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Bitcoin Hits $80K, Warsh Turns Hawkish, Solana ETF Tops $1B

Summary by crypto.news
In this week’s edition of the weekly recap, Bitcoin returned to $80,000 after its strongest rally in more than three years, although traders struggled to push the price through $82,000. Federal Reserve Chair Kevin Warsh later pressured risk assets with…

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Bitcoin Slips Below $80,000 After Kevin Warsh Inflation Vow

·New York, United States
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What does the Fed's new stance mean for Bitcoin and cryptocurrencies? 🦅 Fed Chairman Kevin Warsh emphasized that inflation remains high, stating that the 2% target will not be compromised and that short-term interest rates will continue to be the primary policy tool. 📈 Following his Jackson Hole speech, the probability of a 25 basis point rate hike in September rose from 35% to 57-60%; a significant increase was observed, particularly in shor…

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Bloomberg broke the news in New York, United States on Friday, August 28, 2026.
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