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Coinpedia 2026-08-28 20:42:15

Bitcoin Drops Below $77,000 as $486M in Leveraged Positions Were Liquidated

Bitcoin Drops Below $77,000 as $486M in Leveraged Positions Were Liquidated

The post Bitcoin Drops Below $77,000 as $486M in Leveraged Positions Were Liquidated appeared first on Coinpedia Fintech News Bitcoin price fell below $77,000 after Fed Chair Kevin Warsh delivered a hawkish speech at Jackson Hole, warning that inflation remains too high. BTC dropped to $76,845, wiping out heavily leveraged positions and pushing total crypto liquidations to $486 million. The sharp move came as traders worried that higher rates could keep pressure on risk …

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