Business

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

The Economic Times · 29 August 2026 at 2:53 pm

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.

Read the full article on The Economic Times ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to The Economic Times.

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

More from The Economic Times

Paul Black’s 3 thumb rules for identifying great wealth creators

Silver rebounds from correction: Can the recovery gain momentum?

Reliance JIO IPO: 7 risk factors investors should know as firm gets Sebi nod for Rs 37,000-crore offer

Vedanta, Wipro among 10 stocks that saw biggest jump in retail holders in Q1. See full list

More in Business

Money rules changing from September 1: ITR deadlines, KYC updates and cost revisions you need to know

Demand for education loans surges to 86.5% in Tier II, III cities, financing trends shifting, finds Kuhoo Finance report

Sonia Gandhi electoral roll case: Delhi court defers plea order to Sept 21

Dussehra bonus: Central govt employees demand 3x jump in ₹7,000 payment ceiling

Bank holidays in September: SBI, HDFC, other lenders to be closed for 14 days— check RBI calendar, unions' strike date

Need to guard against internal strife and narrow interests: Rajnath Singh