🚨 Bitcoin Drops Below $77K as $478M Gets Liquidated Bitcoin fell to $76,845 after Fed Chair Kevin Warsh delivered a hawkish Jackson Hole speech, putting fresh pressure on $BTC and wiping out hundreds of millions in leveraged positions. 📉📉 And the sell-off quickly spread across the market: 💥 Crypto liquidations → around $478M in 24 hours 📉 Long positions → roughly $368M liquidated 👥 Traders liquidated → more than 95,000 The trigger was simple: Warsh said inflation is still running above the Fed’s 2% target and warned that recent softer CPI and PCE numbers are not enough to prove the trend has changed. That pushed traders to rethink how quickly interest rates could come down. One level now matters most: Bitcoin needs to reclaim roughly $81K, where the 50-week moving average sits. Until that happens, traders are watching $75K-$70K as the next major support zone. #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#
