Bitcoin traded at $80,526, up 1.9%, as the August 27-29 Jackson Hole Economic Policy Symposium unfolded ahead of Federal Reserve Chair Kevin Warsh’s Friday remarks. Gold held near $4,600 an ounce, while the won-dollar exchange rate was expected to remain range-bound around 1,380 won as markets weighed U.S. inflation, possible further rate hikes and South Korean exporter dollar selling. Recent pricing put the probability of an unchanged September Fed decision at about 65% in one account, while newer currency-market coverage placed September hike odds in the 30% range. July PCE inflation rose 3.7% year over year and core PCE rose 3.3%, revised second-quarter GDP grew at an annualized 1.5%, private consumption increased 3.4%, and initial jobless claims fell to 203,000. The mixed data, elevated Treasury yields, Treasury buybacks and geopolitical tensions left investors seeking clues on Warsh’s reaction function, with a hawkish signal potentially supporting the dollar and pressuring Bitcoin, gold and the won, while less restrictive guidance could weaken the dollar and support risk assets.