🚨 UPDATE MATERIAL MACRO BTC — 28 AUGUST 2026, 20.01 WIB
There is 1 truly material new development: global markets are now right ahead of Kevin Warsh’s speech at the Jackson Hole Economic Policy Symposium, while the dollar remains strong and yields are still sensitive. There has been no new CPI/PPI/PCE or labor release since the last update. 1. 🏦 Warsh’s speech is the main catalyst tonight (1) Fact: The speech is scheduled for 10:00 EDT / 21:00 WIB, 28 August 2026. Markets are waiting for clarity on the direction of Fed policy because US inflation is still persistent above target. Reuters says the key issue is whether Warsh will provide clearer signals regarding the Fed’s response to inflation and the possibility of interest rate hikes. �
🚨 MATERIAL MACRO BTC UPDATE — 28 AUGUST 2026, 19.12 WIB
There are 2 new material developments since the last update. 1. 🇺🇸 US labor data stronger than expected Fact: The latest data shows US initial jobless claims fell to 203,000 from 207,000 previously. Actual vs. expectations: 203,000 vs. 208,000 expected. Continuing claims also fell to 1,778 million from 1,796 million. Interpretation: A stronger labor market reduces the urgency for the Fed to ease policy. BTC impact: 🔴 Mildly bearish at the macro level. If labor data remains strong while inflation stays high, room for a tighter Fed policy remains open.
🇺🇸 Trump pushes for passage of the CLARITY Act — a catalyst of positive regulation for $BTC
(1) Facts Donald Trump has openly urged the U.S. Congress to pass the CLARITY Act, which aims to clarify the regulatory framework for the crypto market. This support is also one of the factors strengthening the BTC rally alongside a weakening dollar and Treasury buyback policy.
(2) Actual vs expectations No numeric data is available. This is a policy/regulatory development. Important: the bill has not yet automatically become law; the legislative process remains a risk.
(3) Impact for BTC : 🟢 Bullish Interpretation: clearer regulation can reduce uncertainty for institutions and the U.S. crypto market. This helps explain why the BTC rally is not only dependent on a short squeeze or a drop in yields.
However, its impact is more fundamental/regulatory rather than a direct macro catalyst like CPI or the FOMC.
(4) Indicators to monitor CLARITY Act developments and voting schedule ETF/institutional response after the rally BTC holding the $70,000 area Next resistance around $72K–$75K If BTC falls back below $69K, breakout momentum starts to weaken