Bitcoin hits $80K, Warsh turns hawkish, Solana ETF tops $1B | Weekly recap

In this week’s edition of the weekly recap, Bitcoin returned to $80,000 after its strongest rally in more than three years, although traders struggled to push the price through $82,000. Federal Reserve Chair Kevin Warsh later pressured risk assets with a warning that interest rates could rise, while Bitwise’s Solana staking ETF became the first SOL fund to exceed $1 billion. Summary Bitcoin climbed about 24% in seven days before meeting resistance between $81,000 and $82,000. Warsh said higher rates remained possible unless inflation moved quickly toward the Fed’s 2% target. Bitwise’s Solana staking ETF became the first SOL fund to cross $1 billion in assets. Ethereum gained about 29% in one week as US spot ETF demand supported the rally. Charles Schwab plans to add SOL, AVAX, and LINK trading in the coming months. Bitcoin returns to $80,000 after 24% weekly rally Bitcoin crossed $80,000 for the first time since May 15 after rising from below $64,000 on Aug. 19. The rebound extended to about 38% from its late-June low below $58,000, while US spot Bitcoin ETFs recorded approximately $1.92 billion in weekly inflows. Analysts told crypto.news that the initial move received support fro...