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Bitcoin drops below $78K amid rising US inflation and Fed rate hike fears

Market News
10 Sep 2026
Crypto news
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Bearish
Bitcoin drops below $78K amid rising US inflation and Fed rate hike fears

Bitcoin price fell 1.31% to around $77,278 on September 10, pressured by hotter-than-expected US producer inflation and concerns over a Federal Reserve rate hike. The price broke key technical supports, including the daily Bollinger Band midpoint and 4-hour Supertrend, signaling weakening momentum. Investors also saw significant ETF outflows, adding to selling pressure. Near-term support lies around $76,392, with resistance near $78,650 and $80,000; the market awaits the Fed's September meeting for direction.

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Bitcoin likely hit bottom, Coinbase CEO says, expects gradual rise over 1-2 years toward next halving.

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Coinbase CEO Brian Armstrong stated that Bitcoin's price has likely found its bottom despite recent declines, and he expects a gradual upward trend over the next one to two years as the market approaches the next halving event. He highlighted that th...

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Cryptocurrency prices mostly fall, with Bitcoin down over 3% and several altcoins dropping more sharply.

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Cryptocurrency markets saw widespread declines, with Bitcoin falling 3.32% to $76,886 and Ethereum down 3.85% to $2,416. Many altcoins experienced steeper drops, including BCH down nearly 12%, UNI down 12%, and DOGE down over 8%. This broad sell-off ...

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Bitcoin hits a rare golden cross but faces strong resistance near $86K.

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Bitcoin's 50-day moving average has crossed above its 200-day moving average, signaling a bullish 'golden cross' for the first time since May 2025. Despite this positive technical indicator, Bitcoin struggled to sustain gains above $80,000 and now fa...

Technical Signals
Neutral
7 hours ago
Cryptocurrency prices mostly fall, with Bitcoin down 2% and Ethereum down 1.66%.

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Cryptocurrency markets saw a general decline with major coins like Bitcoin dropping 2.03% to $77,737 and Ethereum falling 1.66% to $2,457.87. Other notable cryptocurrencies such as Binance Coin, XRP, and Dogecoin also experienced significant decrease...

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XRP spot ETFs saw $1.55M inflows, leading crypto ETFs as others like BTC and ETH saw outflows on Sept 8.

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On September 8, XRP spot ETFs attracted about $1.55 million in net inflows, making them the only crypto ETFs to see daily gains. In contrast, ETFs for Bitcoin, Ethereum, Solana, and Hyperliquid experienced net withdrawals on the same day. This highli...

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