According to CoinMeta, the price of Bitcoin fell below $77,000, hitting a low of $76,845, due to the liquidation of leveraged positions worth $4.7886 million. Data from CoinMeta shows that approximately 95,731 traders were liquidated in the past 24 hours, with long-position traders suffering losses of about $368 million. Federal Reserve Chairman Kevin Warsh stated in his speech at Jackson Hole that although recent inflation data has improved, inflation is still above the Fed's target of 2%, which raises concerns about future interest rate expectations in the market. Analysts point out that Bitcoin's next move will depend on its ability to regain the key technical level of $81,000.