Bitcoin Faces Pullback Near $80,000 Amid Hawkish Fed Remarks

Bitcoin retreated from the $80,000 level following hawkish comments from incoming Federal Reserve Chair Kevin Warsh (Warsh), who expressed concerns over inflation. Market expectations for a September rate hike rose, leading to profit-taking in risk assets. Despite technical resistance at $82,500 and geopolitical tensions, U.S. spot Bitcoin ETFs recorded eight consecutive days of net inflows totaling approximately $2.8 billion, indicating sustained institutional demand.