Bitcoin (BTC) update — Today (29 Aug 2026)
Current price: around $77.6K–$77.7K per BTC. �
StatMuse +1
Today’s move: BTC is under pressure, down roughly 2–3% over the last 24 hours after failing to hold the recent $80K+ area. �
The Economic Times +1
Recent high: Bitcoin recently pushed above $80,000, reaching a multi-month high, but traders took profits and the price pulled back. �
Barron's
Market drivers today
📉 Fed/rates sentiment: A more hawkish tone from U.S. Federal Reserve leadership increased pressure on risk assets, including Bitcoin. �
Investor's Business Daily
💵 Dollar & yields: A stronger dollar and higher yields have reduced short-term demand for BTC. �
Investor's Business Daily
🟢 Bullish factors remain: Institutional interest, regulatory developments, and “hard asset” demand have supported the broader Bitcoin recovery this month. �
Reuters
Key levels to watch
Support: ~$77K area — losing this could open a move toward lower support zones.
Resistance: ~$80K–$81K — a clean break above this zone could revive bullish momentum. �
Barron's
Short-term view: BTC is in a consolidation/pullback phase after a strong rally. Traders are watching whether buyers defend the $77K region or whether more profit-taking follows. �
Binance
#bitcoin
Current price: around $77.6K–$77.7K per BTC. �
StatMuse +1
Today’s move: BTC is under pressure, down roughly 2–3% over the last 24 hours after failing to hold the recent $80K+ area. �
The Economic Times +1
Recent high: Bitcoin recently pushed above $80,000, reaching a multi-month high, but traders took profits and the price pulled back. �
Barron's
Market drivers today
📉 Fed/rates sentiment: A more hawkish tone from U.S. Federal Reserve leadership increased pressure on risk assets, including Bitcoin. �
Investor's Business Daily
💵 Dollar & yields: A stronger dollar and higher yields have reduced short-term demand for BTC. �
Investor's Business Daily
🟢 Bullish factors remain: Institutional interest, regulatory developments, and “hard asset” demand have supported the broader Bitcoin recovery this month. �
Reuters
Key levels to watch
Support: ~$77K area — losing this could open a move toward lower support zones.
Resistance: ~$80K–$81K — a clean break above this zone could revive bullish momentum. �
Barron's
Short-term view: BTC is in a consolidation/pullback phase after a strong rally. Traders are watching whether buyers defend the $77K region or whether more profit-taking follows. �
Binance
#bitcoin
