Bitfinex said BTC pulled back from above $81,000 to near $77,100 after Fed Chair Warsh's hawkish Jackson Hole remarks. September rate-hike odds rose to 57%, while August PCE came in at 3.7% for headline and 3.3% for core.
Matters because: A tighter Fed backdrop could pressure crypto risk appetite near term, but ETF and stablecoin inflows suggest the market is still being supported by spot demand rather than leverage.