📊 Bitcoin drops to $76,900 as rate-hike fears trigger $488M liquidation
Bitcoin fell to $76,909 before recovering to around $77,712, marking a 4% drop in 24 hours.
The move came as Fed Chair Kevin Warsh revived rate-hike concerns at Jackson Hole, triggering a broader crypto liquidation cascade worth $488M.
With tightening fears still weighing on risk assets, rate expectations remain a key factor for Bitcoin’s near-term outlook.
$BTC