Worries Hawkish Gold Price Plunge Puts Crypto Under Pressure
📰 Crypto Morning News | 2026-08-29 09:00
🔥 Major Events
1. Woush/“Wosh” Jackson Hole debut turns hawkish—raises September rate-hike bets — Fed Chair Woush says that while summer inflation is better than expected, it is still not enough to prove that any underlying trend improvement is meaningful…
2. Trump says the U.S. has secured over 65 billion barrels of proven oil reserves in Venezuela—most control — Trump posted that the U.S. and Venezuela reached an agreement giving the U.S. most control over Venezuela’s proved oil reserves of over 65 billion barrels…
3. Fed’s Goolsbee says the duration of inflation is longer than expected — Goolsbee says inflation driven by overheated demand is difficult to fix, and its duration has exceeded expectations…
4. Progress on reopening the Strait of Hormuz as Iran and Oman reach a consensus — The Iranian president says Iran and Oman have again reached an agreement and will reopen the Hormuz shipping route under a coordinated plan…
5. AVICI attacked, losses of about $1.02 million — Monitoring shows AVICI suffered losses of about $1.02 million in the attack; the affected addresses are said to exchange 10,000 SOL for about 10…
6. Musk may donate at least $100 million to the Republican Party; Speaker plans to meet — Reports say Speaker Johnson plans to meet with Musk, and sources say Musk is considering doing so via a super PAC…
7. Analysts say the content of Woush’s remarks is still the same old tune — Moneycorp’s chief says Woush again emphasized focusing on inflation but did not provide forward guidance…
📊 Market Data
1. After hawkish remarks from Woush, spot gold falls more than $120 intraday — Woush emphasized that inflation has not seen any meaningful slowdown; the dollar strengthened and spot gold fell intraday by 2.6%, dropping more than $120…
2. Bitcoin briefly dips below $77,000 — According to market data, Bitcoin briefly fell below $77,000; it is now at $77119…
3. Liquidations across the entire network total $488 million in the past 24 hours; long positions dominate — Coinglass shows that liquidations across the entire network totaled $488 million in the past 24 hours…
4. U.S. stock indexes close lower; crypto-related stocks generally plunge — Dow -0.02%, S&P 500 -0.25%, Nasdaq -0.52%…
5. U.S. 5-year Treasury yields rise to 4.48% — U.S. 5-year Treasury yields rise to 4.48%, the highest level since February 2025…
6. If Bitcoin drops below $76,000, liquidation strength for long positions reaches $797 million — Coinglass data shows that if Bitcoin falls below $76,000…
7. Spot gold crashes $100 intraday, refreshing phase lows — Spot gold plunges $100 intraday, breaks below $4,500 per ounce, and hits a new low since August 20…
8. Spot silver’s intraday drop widens to 4% — Spot silver continues to fall; the intraday decline widens to 4%, now at $66.49 per ounce…
9. 2-year U.S. Treasury yields rise by 10 basis points intraday — 2-year U.S. Treasury yields rise by 10 basis points intraday to 4.33%…
10. USD/JPY jumps to 160, first time since late July — The dollar/yen keeps climbing and reaches the 160 level for the first time since July 31…
🏛️ Regulatory Policy
1. An ECB executive calls for central bank money to be brought onto blockchain — Isabel Schnabel, an ECB executive, says central bank money should be tokenized/on-chained…
💡 Project Updates
1. CZ comments on the Sun Yuchen dispute: should be resolved through legal means and respect each other — CZ says marketing can be positive but there is no need for personal attacks; he says disclosing details is less preferable than using legal routes, and hopes both sides will handle it properly…
2. Interchain Foundation sets up grant support for Cosmos EV-—ICF says it will establish a discretionary grant program to support affected chains that are coordinating remediation…
3. Crypto trading app Fomo completes its first funding round — Fomo co-founder announced completion of the first round, with participation from 140 angel investors…
4. Bitwise-related wallet stakes about $74.89 million worth of HYPE and adds delegated amounts — The wallet linked to the Bitwise BHYP ETF has staked about $74.89 million in HYPE…
5. bit-related entity increases long positions in ETH to 29,500 — Previously, a bit-related entity that had profited about $55.095 million added to positions during the decline…
6. “Maji Big Brother” has multiple holdings in unrealized losses and cuts losses on PUMP — Monitoring shows his 25x long position of 34,900 ETH is down about $1.06 million in unrealized losses…
7. Jiang Zhe’er says BTC and ETH break the rising channel — Jiang Zhe’er says both BTC and ETH have broken the rising channel; being without ETF buy-side demand over the weekend is a weak period for bulls…
📊 Market Snapshot: BTC $77,704 (-3.58%), funding rate 0.0092%; ETH $2,441.43 (-2.98%), funding rate 0.0030%
📍 Daily buy/sell points: $BTC daily sell point $80,586 | daily buy point $75,939 / $ETH daily sell point $2,517.20 | daily buy point $2,385.19 / BNB daily sell point $712.00 | daily buy point $678.67
$BTC #BTC $ETH #ETH
📰 Crypto Morning News | 2026-08-29 09:00
🔥 Major Events
1. Woush/“Wosh” Jackson Hole debut turns hawkish—raises September rate-hike bets — Fed Chair Woush says that while summer inflation is better than expected, it is still not enough to prove that any underlying trend improvement is meaningful…
2. Trump says the U.S. has secured over 65 billion barrels of proven oil reserves in Venezuela—most control — Trump posted that the U.S. and Venezuela reached an agreement giving the U.S. most control over Venezuela’s proved oil reserves of over 65 billion barrels…
3. Fed’s Goolsbee says the duration of inflation is longer than expected — Goolsbee says inflation driven by overheated demand is difficult to fix, and its duration has exceeded expectations…
4. Progress on reopening the Strait of Hormuz as Iran and Oman reach a consensus — The Iranian president says Iran and Oman have again reached an agreement and will reopen the Hormuz shipping route under a coordinated plan…
5. AVICI attacked, losses of about $1.02 million — Monitoring shows AVICI suffered losses of about $1.02 million in the attack; the affected addresses are said to exchange 10,000 SOL for about 10…
6. Musk may donate at least $100 million to the Republican Party; Speaker plans to meet — Reports say Speaker Johnson plans to meet with Musk, and sources say Musk is considering doing so via a super PAC…
7. Analysts say the content of Woush’s remarks is still the same old tune — Moneycorp’s chief says Woush again emphasized focusing on inflation but did not provide forward guidance…
📊 Market Data
1. After hawkish remarks from Woush, spot gold falls more than $120 intraday — Woush emphasized that inflation has not seen any meaningful slowdown; the dollar strengthened and spot gold fell intraday by 2.6%, dropping more than $120…
2. Bitcoin briefly dips below $77,000 — According to market data, Bitcoin briefly fell below $77,000; it is now at $77119…
3. Liquidations across the entire network total $488 million in the past 24 hours; long positions dominate — Coinglass shows that liquidations across the entire network totaled $488 million in the past 24 hours…
4. U.S. stock indexes close lower; crypto-related stocks generally plunge — Dow -0.02%, S&P 500 -0.25%, Nasdaq -0.52%…
5. U.S. 5-year Treasury yields rise to 4.48% — U.S. 5-year Treasury yields rise to 4.48%, the highest level since February 2025…
6. If Bitcoin drops below $76,000, liquidation strength for long positions reaches $797 million — Coinglass data shows that if Bitcoin falls below $76,000…
7. Spot gold crashes $100 intraday, refreshing phase lows — Spot gold plunges $100 intraday, breaks below $4,500 per ounce, and hits a new low since August 20…
8. Spot silver’s intraday drop widens to 4% — Spot silver continues to fall; the intraday decline widens to 4%, now at $66.49 per ounce…
9. 2-year U.S. Treasury yields rise by 10 basis points intraday — 2-year U.S. Treasury yields rise by 10 basis points intraday to 4.33%…
10. USD/JPY jumps to 160, first time since late July — The dollar/yen keeps climbing and reaches the 160 level for the first time since July 31…
🏛️ Regulatory Policy
1. An ECB executive calls for central bank money to be brought onto blockchain — Isabel Schnabel, an ECB executive, says central bank money should be tokenized/on-chained…
💡 Project Updates
1. CZ comments on the Sun Yuchen dispute: should be resolved through legal means and respect each other — CZ says marketing can be positive but there is no need for personal attacks; he says disclosing details is less preferable than using legal routes, and hopes both sides will handle it properly…
2. Interchain Foundation sets up grant support for Cosmos EV-—ICF says it will establish a discretionary grant program to support affected chains that are coordinating remediation…
3. Crypto trading app Fomo completes its first funding round — Fomo co-founder announced completion of the first round, with participation from 140 angel investors…
4. Bitwise-related wallet stakes about $74.89 million worth of HYPE and adds delegated amounts — The wallet linked to the Bitwise BHYP ETF has staked about $74.89 million in HYPE…
5. bit-related entity increases long positions in ETH to 29,500 — Previously, a bit-related entity that had profited about $55.095 million added to positions during the decline…
6. “Maji Big Brother” has multiple holdings in unrealized losses and cuts losses on PUMP — Monitoring shows his 25x long position of 34,900 ETH is down about $1.06 million in unrealized losses…
7. Jiang Zhe’er says BTC and ETH break the rising channel — Jiang Zhe’er says both BTC and ETH have broken the rising channel; being without ETF buy-side demand over the weekend is a weak period for bulls…
📊 Market Snapshot: BTC $77,704 (-3.58%), funding rate 0.0092%; ETH $2,441.43 (-2.98%), funding rate 0.0030%
📍 Daily buy/sell points: $BTC daily sell point $80,586 | daily buy point $75,939 / $ETH daily sell point $2,517.20 | daily buy point $2,385.19 / BNB daily sell point $712.00 | daily buy point $678.67
$BTC #BTC $ETH #ETH
