Bitcoin Holds $78,000 After Warsh as Gold Retreats From $4,700 and Oil Unwinds 5%
After Fed Chair Kevin Warsh's hawkish Jackson Hole debut, bitcoin is holding near $78,000 on Saturday following Friday's drop from the $81,000s. Gold gave back a three-week rally off $4,700. Oil fell about 5% on the week as markets read Washington's Iran pivot as less immediately supply-disruptive.