Bitcoin slipped back to $78.4K after bulls couldn't keep it above the $80,000 mark. The pullback kicked in as the market digested a key speech from Fed Chair Kevin Warsh at Jackson Hole, where he took a cautious stance on US inflation trends.

$80,000 Resistance Holds—Again

Bitcoin's push above $80,000 fizzled fast: buyers lost steam, and the price fell back to $78.4K. Volatility spiked as traders re-evaluated risk following Warsh's macro commentary.

Warsh Doubts 'Soft' Inflation Data

Warsh threw shade on the recent softer inflation numbers, warning that inflation risks remain. His cautious tone triggered some profit-taking after the short rally, dragging BTC back below that recent barrier.

Market Reaction: All Eyes on $80K

Traders are still syncing their short-term plays with macro signals: all eyes are on price action around $80,000 and the retrace to $78.4K. Near term, the market will be watching how much demand and liquidity show up at these levels, especially with the Fed's inflation rhetoric in the mix.