2026-08-28 16:04:38
BTC plunges 0.68% in 15 minutes as hawkish Fed signals and escalating geopolitical tensions trigger short-term selling
Between 15:30 and 15:45 UTC on August 28, 2026, BTC plunged 0.68% in 15 minutes, trading between 78,777 and 79,354 USDT, with a price amplitude of 0.73%. Market volatility intensified, and clear short-term selling pressure emerged. The move was primarily driven by a combination of bearish macroeconomic factors. First, Fed Chair Warsh sent hawkish signals at the Jackson Hole meeting, suggesting that inflation remains elevated and that further rate hikes may be necessary, directly pressuring risk-