Bitcoin dips to $78.4K as Fed’s Warsh downplays softer inflation prints

The market's reaction to Warsh's caution signals that rate-cut expectations remain the dominant driver for risk assets, and softer inflation data alone isn't enough to shift the Fed's stance. This suggests a sensitivity to central bank rhetoric over economic prints. The key question is whether Bitcoin's inability to hold above $80K marks a consolidation or a shift in momentum as traders recalibrate their positioning around Fed policy signals.