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Crypto

Bitcoin and U.S. Stocks Decline Following Hawkish Remarks by Fed Chair Kevin Warsh

2026/08/29 15:35(Updated 2026/08/30 14:29)

CoinPost

Written by L.Kikutani

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Bitcoin and U.S. Stocks Decline Following Hawkish Remarks by Fed Chair Kevin Warsh

Hawkish Remarks Lead to Bitcoin Decline

Hawkish Remarks Lead to Bitcoin Decline

Federal Reserve Chair Kevin Warsh, speaking at Jackson Hole on the 28th at 23:00 JST, reinforced his hawkish stance. In response, Bitcoin fell from the previous day's high of over $80,000 to around $77,100 at one point. The U.S. stock market also softened during the day's trading, with the S&P 500 index closing down 0.25% and the Nasdaq Composite index down 0.52%. On a weekly basis, the S&P 500 was up 0.49%, while the Nasdaq gained...

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