Bitcoin held just below $80,000 on Friday at $79,702 (+1.10%) as traders positioned ahead of Fed Chair Kevin Warsh's first Jackson Hole keynote. Ethereum sat at $2,497 (+0.20%), with total crypto market cap at $2.77 trillion.
Why it matters
The setup is unusually tense: a new Fed chair, his first market-moving speech, and BTC sitting 1% under the symbolic $80K mark. BTC dominance at 57.8% and a Fear & Greed Index reading of 73 (Greed) tell the same story as the Altcoin Index stuck at 33/100: conviction is high, but narrow. Capital is concentrating in the leader rather than spreading across the board.
Market impact
Spot Bitcoin ETFs pulled another $242 million on Friday, extending the inflow streak to nine consecutive trading days. That persistent bid through the cohort has been the marginal buyer throughout this stretch. On the other end of the risk spectrum, a new report found audited protocols accounted for 88% of crypto hack losses since 2025, an unflattering stat for the segment that sits below the BTC trade.
Source: [source](http://telegraph.controller.bot/files/8336652911/AgACAgIAAxkBAAJLr2qRPQSndQMdpSw-MXqJXviGj0jUAAIRHWsbGUmISKd6_bdRrGL8AQADAgADeQADPQQ)
Frequently asked questions
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How much did Bitcoin ETFs pull in on Friday?
Spot Bitcoin ETFs added $242 million on Friday, extending the inflow streak to nine consecutive trading days.
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Where is BTC trading ahead of Warsh's Jackson Hole keynote?
Bitcoin held just below $80,000 at $79,702 on Friday, up 1.10%, as traders positioned for the Fed Chair's first market-moving speech.
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What does BTC dominance signal about current market conditions?
BTC dominance at 57.8%, paired with a Fear & Greed Index of 73 (Greed) and an Altcoin Index of 33/100, indicates capital is concentrating in Bitcoin rather than spreading to altcoins.
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What did the hack loss report find about audited protocols?
The report found audited protocols accounted for 88% of crypto hack losses since 2025, an unflattering stat for the segment sitting below the BTC leadership trade.
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What euro stablecoin did Revolut launch?
Revolut launched EURR, its first euro-denominated stablecoin, joining the growing roster of fiat-pegged tokens from major fintech platforms.
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