Bitcoin holds $80,000, solana leads majors higher before Warsh's Jackson Hole debut
Bitcoin and other major cryptocurrencies are seeing gains as markets await the Jackson Hole symposium and the upcoming FOMC meeting. Meanwhile, strong earnings from Nvidia have boosted broader market sentiment despite some regulatory scrutiny.
Why it matters
The intersection of crypto market performance and traditional macroeconomic indicators like Fed interest rate expectations is a key driver for global financial stability.
Jackson Hole is the Kansas City Fed's annual symposium in Wyoming, where the chair's speech has a history of moving markets. Warsh has, so far, given traders little on where he wants rates, making this the first real read on market clues before the September 16 FOMC meeting.
Spot ETFs are carrying the bid, with U.S. products absorbing $2.8 billion across eight consecutive sessions, the longest inflow streak since April, while August flows have cleared $3 billion to make this the strongest month of 2026 with one trading day left.
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