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Bitcoin price dips to $78,500 amid bearish signals and inflation concerns ahead of Fed meeting

Market News
09 Sep 2026
Crypto news
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Bearish
Bitcoin price dips to $78,500 amid bearish signals and inflation concerns ahead of Fed meeting

Bitcoin's price dropped about 4.6% from its September 3 peak of $82,283 to trade near $78,500 on September 9, pressured by weakening momentum and a possible bearish head-and-shoulders pattern. The cryptocurrency faces key support around $78,000–$79,000, with a break below this level potentially leading to a sharper decline toward $70,000. Rising oil prices and US Treasury yields have increased inflation and interest rate concerns, adding pressure on Bitcoin ahead of the Federal Reserve's policy meeting on September 15–16. Traders will closely watch inflation data and oil prices for clues on future monetary policy and Bitcoin's direction.

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Shiba Inu joins Japan's elite Green List alongside Bitcoin and Ethereum, easing regulatory hurdles.

Shiba Inu joins Japan's elite Green List alongside Bitcoin and Ethereum, easing regulatory hurdles.

Japan's Virtual and Crypto Assets Exchange Association (JVCEA) has added Shiba Inu (SHIB) to its Green List, placing it alongside major cryptocurrencies like Bitcoin and Ethereum. This Green List is a pre-approved roster that simplifies regulatory pr...

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On October 19, Boomer (BOOMER) led cryptocurrency search interest, rising 21.12% to $0.0229 despite ranking 766th by market capitalization at about $23 million. Osmosis (OSMO) followed with the largest 24-hour gain of 30.46%, while Quantus (QTC) rank...

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5 hours ago
Bitcoin dips below 82,000 USDT but still posts a 0.65% daily gain

Bitcoin dips below 82,000 USDT but still posts a 0.65% daily gain

Bitcoin's price fell just below 82,000 USDT on Monday, reaching 81,987.5 USDT, yet it maintained a positive 0.65% gain over the past 24 hours. This indicates that despite the drop below the 82,000 USDT threshold, Bitcoin's value is still higher than ...

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Neutral
5 hours ago
XRP market value drops $6.52B, falling 7.33% from Oct 12-19, largest decline among major cryptos.

XRP market value drops $6.52B, falling 7.33% from Oct 12-19, largest decline among major cryptos.

XRP's market value fell by $6.52 billion, or 7.33%, between October 12 and October 19, dropping from $88.95 billion to $82.43 billion. This decline was steeper than Bitcoin's 1.99% and Ether's 4.99% losses over the same period. The decrease reflects ...

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Bearish
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Whale holds $140.88M long positions mostly in Bitcoin on Hyperliquid platform

Whale holds $140.88M long positions mostly in Bitcoin on Hyperliquid platform

A large investor, or whale, holds $140.88 million in long positions on the Hyperliquid trading platform, with about 73% of the value in Bitcoin (1,236 BTC worth approximately $102.2 million) and the remainder in Ether (15,928 ETH worth about $38.67 m...

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Neutral
7 hours ago
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