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Bitfinex: BTC broke $81,000 last week and is now around $77,100

U.U. stated that Bitfinex had indicated that the BTC had gone up to $81,000 last week, but that it had fallen back after Federal Reserve Chairman Kevin Warsh had delivered a hawk speech at Jackson Hole and was still around $77,100. According to the report, the increase in the current round in August was more supported by a spot purchaser, a moderate increase in unwinded contracts, a relatively controlled base difference, and a net inflow of almost $1 billion of ETH investment products from the United States of America last week. At the macro level, PCE inflation in the United States was 3.7 per cent, core PCE 3.3 per cent, private domestic demand grew by 4.2 per cent annually in the second quarter, and the market's implicit probability of interest rate hikes in September rose to 57 per cent. According to Bitfinex, ETF and stable currency flows still support the encrypted market, but higher interest rates are expected to limit further increases, with a follow-up focus on August employment and inflation data。

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