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Bitcoin holds near $80K as U.S. spot Bitcoin ETFs draw nearly $1B in inflows last week.

Market News
07 Sep 2026
TheNewsCrypto
View Source
Bullish
Bitcoin holds near $80K as U.S. spot Bitcoin ETFs draw nearly $1B in inflows last week.

Bitcoin is trading close to $80,000 after briefly surpassing $82,000 earlier this month, supported by strong demand from U.S. spot Bitcoin ETFs which recorded nearly $1 billion in inflows last week, extending a three-week streak totaling about $3.8 billion. Technical indicators show Bitcoin consolidating in a tight range between $79,000 and $81,000, with momentum cooling and no clear short-term bullish trend yet. The key resistance level to watch is $82,000, while support lies near $79,000 and $78,500. Continued ETF inflows provide market support, but buyers need to reclaim the $80,000-$82,000 range to push prices higher.

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