Bitcoin faces a new macro test as Fed Chair Kevin Warsh highlights sticky inflation metrics

Bitcoin has 54% as a new macro number to defend against, the share of the personal consumption expenditures basket that Federal Reserve Chair Kevin Warsh said has risen faster than 3% over the past year.His Jackson Hole speech turned an abstract argument about sticky inflation into a measurable test, now sitting beside Bitcoin's attempt to regain $80,000.Bitcoin slipped under $80,000 during Asian trading after reaching $81,280 overnight. Successive Bitcoin market data after the text was published kept BTC below the threshold and moving quickly around $79,000.Warsh's remarks gave traders a clearer standard for judging the rebound's rate risk.US-traded spot Bitcoin ETFs absorbed over $1.1 billion over four completed sessions through Aug. 27. Treasury is also preparing larger liquidity-support buybacks, but those operations begin Sept. 9 and are debt management.The contest around $80,000 is whether concentrated ETF demand and improved Treasury market functioning can absorb volatility while Warsh's breadth test keeps tighter policy live.Infographic compares Warsh inflation data with Bitcoin liquidity cushions, highlighting 54%, 49%, ETF inflows, buybacks, and an $80,000 test.The 54% re...