Good Sunday morning!
🦅The Federal Reserve’s major hawkish shift at Jackson Hole—sparks a bloodbath in the crypto market!
📉BTC plunged from $81,300 to $77,000, with 96,000+ traders and more than $4.88B long positions across the market getting liquidated!
🚨Expectations for a rate hike in September have surged to 60%, and spot ETFs saw a net outflow of 210 million.
📊In the short term, closely watch the 76.5k–77k support zone; the upcoming jobs report (Non-Farm Payrolls) will be the next decisive battleground.
#BTC #cryptocurrency #FederalReserve #KevinWarsh