Bitcoin Price Outlook: Barclays Forecasts Two Fed Rate Hikes Following Warsh's Hawkish Remarks

Bitcoin is trading at $78,325, marking a 3.8% decline from its August 28 high of $81,478. This downward pressure follows a hawkish speech by Federal Reserve Chair Kevin Warsh at the Jackson Hole Symposium, prompting Barclays to forecast two upcoming interest rate hikes by the Fed.