Bitcoin fell to $76,877 on Friday following Fed Chair Kevin Warsh’s hawkish Jackson Hole keynote, keeping September rate-hike odds at 55.7%. The digital asset closed the day at $77,557, down 3.39%, with roughly $481 million in liquidations across the crypto market. Myriad’s predictive market still shows 77% of participants pricing a target of $84,000 versus 23% for $55,000, indicating bullish conviction remains intact despite the correction. U.S. spot Bitcoin ETFs attracted $2.8 billion over eight consecutive days of inflows, keeping institutional demand near April levels.
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