Gram Price Drops 3.1% Amid Macro Risk Repricing Following Jackson Hole Speech
The Gram (GRAM) price dropped by 3.1% over the last 47 hours, largely due to macro risk repricing following a hawkish speech from Fed Chair Kevin Warsh at Jackson Hole on August 29, 2026.
The speech emphasized that inflation remains above target and that the Federal Reserve still has work to do, pushing rate-hike odds for September sharply higher. This triggered a sell-off in risk assets, including Bitcoin and altcoins, with Bitcoin dropping around $3,000 below $77,000 and total crypto market cap falling from about $2.71 trillion to $2.61 trillion.
Gram's price movement during this period closely matched the overall market's drop of 3.69%, indicating that the decline was not specific to Gram but rather a result of broader macroeconomic factors.