Bitcoin Price Slides After Warsh Makes Hawkish Speech at Jackson Hole
Bitcoin weakened over the weekend after Federal Reserve Chair Kevin Warsh delivered a more aggressive policy message at the Jackson Hole Economic Policy Symposium, although the cryptocurrency remains significantly higher than it was earlier last month. The crypto was trading between roughly $77,588 and $77,984 on August 29, declining approximately 2% to 2.5% during the past 24 hours. Despite the decline, Bitcoin was still up 23.2% against the USD since August 15. The rally began after the U.S. Treasury announced plans in mid-August to expand its bond-buyback activity. Market sentiment received another boost when President Donald Trump met with several…





