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Bitcoin trades sideways as ETF inflows offset selling; inflation data may trigger a breakout.

Market News
11 Aug 2026
Coindesk
View Source
Neutral
Bitcoin trades sideways as ETF inflows offset selling; inflation data may trigger a breakout.

Bitcoin has been stuck in a narrow range between $62,000 and $66,000 for weeks due to steady ETF buying offset by selling from miners and corporate holders like MicroStrategy. Trading volumes and volatility are at multiyear lows, indicating limited market momentum. The upcoming U.S. inflation report and potential regulatory progress on the Clarity Act are seen as key events that could break this stalemate. Historically, September tends to be a weak month for Bitcoin, adding uncertainty to the outlook.

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Bitcoin trades near historically undervalued zone, signaling potential accumulation ahead of October 2026.

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The Bitcoin Rainbow Chart shows Bitcoin trading just above its lowest valuation band, labeled "Bitcoin is dead," at around $86,128 as of now. This suggests Bitcoin remains in a historically undervalued area, indicating bearish sentiment and potential...

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Neutral
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Crypto market cap tops $3T as Bitcoin nears $87K, driven by Treasury bond buybacks and $1B ETF inflows

Crypto market cap tops $3T as Bitcoin nears $87K, driven by Treasury bond buybacks and $1B ETF inflows

The total cryptocurrency market capitalization surpassed $3 trillion on September 22, 2026, fueled by a U.S. Treasury move to expand long-dated bond buybacks and nearly $1 billion in Bitcoin ETF inflows. Bitcoin led the rally, reaching nearly $87,000...

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$51M worth of Bitcoin dormant for 14 years moves amid recent price surge

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Bitcoin nears $86K as oil prices fall and stock markets boost risk appetite

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