Bitcoin Holds Steady as Markets Await Jackson Hole Keynote

Bitcoin is holding steady near $78,623, up 0.4% over the past day.

The largest cryptocurrency by market capitalization has been consolidating between $78,000 and $79,000 after facing rejection near $81,000, according to Mudrex's Prateek Gupta.

Fed Chair Kevin Warsh is set to deliver his first keynote address at the Jackson Hole symposium on Friday morning, where he will discuss inflation and growth. A dovish tone could support Bitcoin, while caution on rates may trigger fresh profit-taking pressure.

The 2026 Jackson Hole Economic Policy Symposium opened today and runs through Friday, with a focus on financial innovation and its implications for payments and policy.