Bitcoin
Affairs
 
No. 093  Β·  28 Aug 2026

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MARKET SNAPSHOT
BTC / USD
$79,309
  24H CHANGE
-1.1%
 
ALL-TIME HIGH
$124,749
  FROM ATH
-36.4%
β—Ž
NEWS
5 STORIES TODAY
Warsh signals Fed may need rate hikes if inflation fails to cool
Federal Reserve Chair Kevin Warsh said inflation remains too high and suggested rates may need to rise if underlying price pressures do not move clearly back toward 2%. A firmer hiking bias lifts yields and the dollar, tightening liquidity for bitcoin and other risk assets.
Fed  Rates  Macro
Tokyo inflation accelerates again, strengthening the case for a September BOJ hike
Tokyo core CPI rose 1.8% in August, above expectations and closer to the Bank of Japan’s 2% target, reinforcing expectations for another rate increase as soon as September. A less dovish BOJ matters for global liquidity, yen funding conditions and cross-asset risk appetite, including bitcoin.
Rates  Macro
Trump shifts Iran strategy toward sanctions as the war hits six months
Six months into the U.S.-Israel war against Iran, President Trump said he is in no hurry to end the conflict and the administration is leaning harder on sanctions and economic pressure. Prolonged Middle East uncertainty keeps oil, shipping routes and inflation risks in focus, a backdrop that can spill into bitcoin through broader macro volatility.
Geopolitics  Macro
Bitcoin’s $6.4 billion options expiry resets positioning after the sprint toward $80,000
About 81,700 bitcoin options worth $6.4 billion expired on Deribit after BTC’s rapid run from roughly $62,000 to near $80,000. With those positions cleared, traders will watch where open interest rebuilds next for clues on near-term volatility and direction.
Macro
IREN’s costly AI pivot rattles shares despite stronger cloud revenue growth
IREN shares fell after earnings showed weakening profitability and heavy spending tied to its transition from bitcoin mining toward AI cloud infrastructure. The numbers highlight how miners are increasingly monetizing power and data-center footprints outside pure bitcoin production.
Mining  Macro
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COMMENTARY
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Bull Theory
@BullTheoryio
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πŸ‡ΊπŸ‡Έ Kevin Warsh just delivered his first ever Jackson Hole speech as Fed Chair, and the tone was hawkish

1. Inflation data doesn't show meaningful improvement, 2% target remains firm and fixed

2. Fed has more work to do unless underlying inflation moves toward target with speed

3. Economy remains strong, with healthy spending, stable jobs, and low unemployment

4. Business investment growing at its fastest pace since 2021, nearly half tied to AI buildout

5. Questioned how long AI productivity gains will take to show up, prefers a "quieter" Fed

6. On monetarism, said money still matters and the Fed should watch money created by the central bank and the banking system
 
 
 
12 reposts    14 replies    140 likes
Ash Crypto
@AshCrypto
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Bitcoin is facing the most important resistance of this cycle.

The 50-week moving average sits at $81,000, the line that has separated bull markets from bear markets throughout Bitcoin's history.

Bitcoin dropped 54% this cycle, less than the 2018 and 2022 crashes, but the trend hasn't flipped yet.

MACD, RSI, and Stoch RSI have all turned positive, which is an early bullish sign. But the real confirmation is $81,000.

Bitcoin needs to break and hold above the 50-week MA to enter bull territory. Until then, this is still a bounce inside a bear market.

Warsh speaks at Jackson Hole today. After the last three meetings, Bitcoin went on to rally through September.
 
 
 
 
48 reposts    84 replies    434 likes
Mel Mattison
@MelMattison1
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I hope the algos keep selling gold and bitcoin on this line of BS. I will keep adding. Empty suit speaking empty words. Fiscal dominance is real. Warsh is a paper tiger. By end of next week, BTC will be over $80k. https://t.co/9jgAayFf2m
 
 
 
 
5 reposts    7 replies    74 likes
Bull Theory
@BullTheoryio
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BREAKING: S&P 500 turns negative over the day after Fed Chair Kevin Warsh says inflation is not slowing and hints at tightening policy to bring it back to the 2% target https://t.co/AyFlD1mPJd
 
 
 
 
70 reposts    41 replies    438 likes
Ted
@TedPillows
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πŸ‡ΊπŸ‡Έ Fed's rate hike odds in September jumped to 50% after Kevin Warsh speech. https://t.co/tOUs8WIcAJ
 
 
 
 
15 reposts    32 replies    189 likes
Mister Crypto
@misterrcrypto
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🚨 MARKETS JUST GOT HIT AFTER WARSH SPOKE.

Bitcoin dumped below $79,000.

The Dow Jones sharply reversed.

Gold was slammed lower.

The S&P 500 turned volatile.

Kevin Warsh just reminded markets that the Fed's 2% inflation target remains unchanged.

Every major market reacted.

Volatility is back!
 
 
 
 
2 reposts    9 replies    37 likes