Why Bitcoin Price USD is Down Today?

Bitcoin fell 1.91% to $77,656.37 in 24 hours after Fed Chair Kevin Warsh's Jackson Hole speech raised concerns about prolonged high interest rates. The decline was amplified by $141.57 million in Bitcoin liquidations, including $120.07 million in long positions. Bitcoin now faces support at $75,000-$76,000. Holding this range could support consolidation, while a break below may trigger further declines.