Bitcoin traded near $79,100, unable to sustain above $80,000, as investors await three critical US events: weekly jobless claims on Sept. 10, August's inflation data on Sept. 11, and the Federal Reserve's rate decision on Sept. 15-16. The market's expectation of a possible rate hike has increased, impacting Bitcoin's price momentum. Despite price stagnation, institutional demand remains strong, with spot Bitcoin ETFs holding over $101 billion in assets. Technical resistance at $81,000-$82,000 remains a key barrier, with a break above potentially pushing prices toward $85,000. The upcoming economic reports and Fed decision are likely to determine Bitcoin's next major price move.
On September 6, the open interest in altcoins exceeded that of Bitcoin for the first time since December 2024, driven by increased leverage in Zcash, XRP, and Solana. Despite this shift, Bitcoin still holds about 37% of the open interest in perpetual...
Bitcoin is currently trading around $79,200, slightly down by 0.8% in the last 24 hours, and is expected to remain between $78,000 and $82,000 until the Federal Reserve's policy announcement on September 16. Recent strong US employment data has incre...
Bitcoin's 50-day moving average has crossed above its 200-day average, forming a bullish golden cross for the first time since November 2025. This technical signal coincides with $3.8 billion in US spot Bitcoin ETF inflows over three weeks, the stron...
Prediction market bettors expect Bitcoin's price to remain volatile but largely stable around $80,000 by the end of 2026. Polymarket shows a 73% chance of Bitcoin reaching $85,000, while Kalshi's $35 million market centers predictions near $81,000. H...
Bitcoin analyst Willy Woo highlights a significant divergence between Bitcoin and the S&P 500, comparing it to a similar pattern seen in 2015 before the 2017 bull market. This decoupling suggests Bitcoin may be entering a bullish phase while equities...
