Fed Chair Kevin Warsh's remarks cause Bitcoin to correct; spot buying supports the market structure
2026-09-01 08:09:24
According to CoinMeta, based on early monitoring of in, the hawkish remarks by Federal Reserve Chairman Kevin Warsh caused Bitcoin to fall from above $81,000, but spot buying support maintained the market structure. Last week, there was a net inflow of nearly $1 billion in US spot Bitcoin ETF, and Ethereum investment products saw a continuous net inflow of $815.7 million for 10 days. In addition, the US PCE inflation rate is 3.7%, with core inflation at 3.3%. Private demand grew at an annualized rate of 4.2% in the second quarter, and the deficit reached $1.8 trillion in the first 10 months of this fiscal year. Warsh confirmed that the 2% inflation target is a hard constraint, raising the probability of a rate hike in September to 57%.
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Source:Internet
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