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Bitcoin holds firm near $75k despite rate hike fears; whale buying signals potential bear trap.

Market News
13 Sep 2026
AMBCrypto
View Source
Bullish
Bitcoin holds firm near $75k despite rate hike fears; whale buying signals potential bear trap.

US inflation rose 0.4% in August, keeping annual inflation at 3.4%, prompting major financial institutions to price in a Federal Reserve rate hike next week. This has increased bearish sentiment on Bitcoin, with traders reducing long positions. However, significant whale accumulation of Bitcoin at around $79,400 suggests strong confidence among large holders. This buying amid bearish macro conditions could create a bear trap, potentially fueling a price rally if Bitcoin maintains support near $75,000. Investors should watch for continued whale activity and market reaction after the upcoming FOMC meeting.

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Ether.fi (ETHFI) price drops nearly 10% with no clear catalyst, underperforming major cryptos.

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Goldman Sachs now expects a Fed rate hike next week, impacting Bitcoin below $80,000.

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Bitcoin blockchain briefly split as two miners found competing blocks, one block discarded after race.

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