Bitcoin Slips to $77,668 After Fed Repricing
Bitcoin settled at US$77,668 on Sunday, August 30, 2026, after Fed Chair Kevin Warsh's hawkish Jackson Hole message. Ethereum, Solana and XRP fell harder. Latin The post Bitcoin Slips to $77,668 After Fed Repricing appeared first on The Rio Times .
On Sunday, August 30, Bitcoin's price settled at $77,668, marking a 0.74% decline from the previous day as Federal Reserve Chair Kevin Warsh delivered a hawkish speech at the Jackson Hole conference. Ethereum fell 1.62% to $2,418, while Solana dropped 3.57% to $101.88 and XRP declined 2.67% to $1.3595. This macro shock ended a nine-day inflow streak for US spot Bitcoin ETFs, with $201.8 million in net outflows reported on Friday.
Bitcoin's price slid to a low of $76,900 before stabilizing above $77,000, driven by the expiration of around $6.4 billion in Bitcoin options. While Latin America's stablecoin adoption remains unaffected by price volatility, the Fed's hawkish turn has stalled Bitcoin's rally. Bitcoin closed at $77,668, down 0.74% day-on-day, following Warsh's inflation-focused message from Jackson Hole.
Ethereum, Solana, and XRP also experienced declines on the day. The immediate concern is whether Bitcoin can hold the $77,000 support level, as a break below could trigger ETF redemptions and push the price towards the $75,000 range.
Written by urgent.news from The Rio Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
