Key Facts
—Bitcoin settled at US$77,838 down 3.01% on Friday, August 28, 2026, after Federal Reserve Chair Kevin Warsh’s first Jackson Hole keynote as Fed chair revived expectations of higher US interest rates.
—Ethereum closed at US$2,443 a decline of 2.70%, while Solana fell 4.65% to US$104.13 and XRP dropped 4.80% to US$1.3833 as the broader complex retreated from recent highs.
—A nine-day streak of spot Bitcoin ETF inflows worth about US$3 billion snapped on Friday with a roughly the Friday flow print net outflow, removing the steady bid that had pushed Bitcoin back toward US$80,000 earlier in the week.
—Solana validators passed the ‘Double Disinflation’ proposal doubling the annual disinflation rate from 15% to 30%, cutting future SOL issuance even as the token fell on the day.
