Market Pulse: Bitcoin Price Retreats After Warsh’s Hawkish Jackson Hole Keynote

Latest reporting indicates that after reaching a high of $81,455 per coin on Thursday, bitcoin’s quote has spent the last day shedding 2.5% in value.

By Friday, bitcoin tapped a low of $76,877 following Federal Reserve Chair Kevin Warsh’s first Jackson Hole keynote.

29, 2026, at 8:30 a.m., bitcoin’s valuation stands at around $77,588 to $77,984 per unit.

While the leading crypto asset is down around 2-2.5% over the last 24 hours, since August 15, BTC has seen its price rise by 23.2% against the U.S.

Bitcoin’s initial move upward was pushed by the Treasury’s mid-August announcement concerning the expansion of bond buybacks.

President Donald Trump met with a slew of digital asset industry executives and made several positive comments about the crypto sector.

For instance, he discussed bringing Hyperliquid to the U.S., and he was also open to the idea of acquiring sizable amounts of BTC after listening to advice from members of his administration.

The combination of these two headlines propelled spot bitcoin venue-traded fund (ETF) demand, which saw nine straight days of inflows.