Bitcoin Flirts With $81K Ahead of Fed’s Jackson Hole

The market's focus on Warsh's debut at Jackson Hole signals that Fed communication, not just data, is now the primary driver for crypto sentiment. This matters because a shift in tone on balance-sheet policy or rate expectations could quickly recalibrate risk appetite across digital assets. The key question is whether Warsh will affirm continuity with the previous framework or introduce a new policy nuance, as any divergence from market pricing could trigger volatility. For traders, the speech's language around inflation and financial conditions will be parsed more closely than the price level itself.