đ¨ Crypto Early Newsď˝August 29, 2026 07:50 CST
đ´ 24h Plunge Alert -5.35% Across the Market
⢠BTC $77,662 (-3.24%) | 24h High $81,282 â Low $76,888, breaking below the 78k key support
⢠ETH $2,437 (-2.91%) | Breaks below 2500, ETH/BTC ratio weakens within the month
⢠SOL follows the needle down -4.87%, but the day still brings a big deflationary gift
đď¸ The culprit: Kevin Warsh Jackson Hole hawkish debut
⢠Reiterates the 2% inflation target; 54% PCE indicator over the past 12 months >3%
⢠The market starts pricing in a possible renewed rate hike at the September FOMC
⢠XRP reacts immediately -5%, $1.47â$1.38; BNB -3%, DOGE -4.5%
đ˘ SOLâs only bright spot: First on-chain governance passing âDouble-Deflationâ SGP-0002
⢠67% vs 66.67% approval; by 2029, floor reaches a 1.5% issuance rate (3 years early)
⢠Total of 18.90 million SOL burned over 6 years
⢠After Kraken cast the dissenting vote, retail rallied to reverse itâan event straight out of a drama
â ď¸ Dark undercurrents:
⢠Lazarus hacker activates dormant wallets; 244 BTC ($19.42M) moved
⢠Spot Bitcoin ETF daily -$155.3M, ending 8 straight days of net inflows
⢠Global crypto card monthly spending breaks $1 billion
đ§ My take:
Rate-cut expectations shattered by Warshâs hawkish stance + ETF inflow dries up + Lazarus moves funds â triple bearish resonance, but BTC still holds above the $76,888 prior low + Fear&Greed 73 (Greed) + with 70% BTC still in profitâbull structure hasnât broken.
For a rebound bet, only trade the 76,800â77,000 zone; stop loss at 76,000. For shorts targeting $85,000â$72,000, itâs hard to chase.
đŹ What do you think? Will the September FOMC really hike rates?
#BTC #ETH #SOL
đ´ 24h Plunge Alert -5.35% Across the Market
⢠BTC $77,662 (-3.24%) | 24h High $81,282 â Low $76,888, breaking below the 78k key support
⢠ETH $2,437 (-2.91%) | Breaks below 2500, ETH/BTC ratio weakens within the month
⢠SOL follows the needle down -4.87%, but the day still brings a big deflationary gift
đď¸ The culprit: Kevin Warsh Jackson Hole hawkish debut
⢠Reiterates the 2% inflation target; 54% PCE indicator over the past 12 months >3%
⢠The market starts pricing in a possible renewed rate hike at the September FOMC
⢠XRP reacts immediately -5%, $1.47â$1.38; BNB -3%, DOGE -4.5%
đ˘ SOLâs only bright spot: First on-chain governance passing âDouble-Deflationâ SGP-0002
⢠67% vs 66.67% approval; by 2029, floor reaches a 1.5% issuance rate (3 years early)
⢠Total of 18.90 million SOL burned over 6 years
⢠After Kraken cast the dissenting vote, retail rallied to reverse itâan event straight out of a drama
â ď¸ Dark undercurrents:
⢠Lazarus hacker activates dormant wallets; 244 BTC ($19.42M) moved
⢠Spot Bitcoin ETF daily -$155.3M, ending 8 straight days of net inflows
⢠Global crypto card monthly spending breaks $1 billion
đ§ My take:
Rate-cut expectations shattered by Warshâs hawkish stance + ETF inflow dries up + Lazarus moves funds â triple bearish resonance, but BTC still holds above the $76,888 prior low + Fear&Greed 73 (Greed) + with 70% BTC still in profitâbull structure hasnât broken.
For a rebound bet, only trade the 76,800â77,000 zone; stop loss at 76,000. For shorts targeting $85,000â$72,000, itâs hard to chase.
đŹ What do you think? Will the September FOMC really hike rates?
#BTC #ETH #SOL