Today in markets: • Bitcoin fell 3% over 24 hours to $77,955, leaving it just 0.7% higher on the week • It traded as high as $81,479 at 9pm ET Thursday, its highest since May, then bottomed at $76,846 at 12:25pm ET • Fed Chair Kevin Warsh told Jackson Hole that inflation is running above target and the Fed has "work to do." 12-month PCE is 3.7% • Gold fell 2.4%. The S&P 500 and Nasdaq gave up early gains and turned negative • ETH -3.2% to $2,443, SOL -3.1% to $105.57, XRP -4.5% to $1.40 • Polymarket still puts a September hold at 69% and a quarter-point hike at 28% • Spot bitcoin ETFs took in $242.3M Thursday, $1.13B on the week Read more here: https://thedefiant.io/news/markets/bitcoin-drops-below-usd78-000-after-warsh-speech(The Defiant)