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📉 Market Update | September 1 Briefing The crypto market faces short-term pressure following a wave of long liquidations and macro pushback. 📊 Key Metrics • Global Market Cap: ~$2.58 Trillion (-2.1%) • BTC Dominance: ~59.6% • 24h Liquidations: ~$390 Million (70% Longs) 🔹 Bitcoin ($BTC): Retesting $77,500 after brief dip below $78K. Watch key support near $77K. 🔹 Ethereum ($ETH): Trading near $2,415 (-1.7%) despite strong August ETF inflow metrics. 🔹 Altcoins: Broad market pullback; $SOL and $XRP down ~2-3% on macro cooling. 💡 Key Drivers: Hawkish remarks on inflation expectations from Fed officials sparked profit-taking after August’s strong rally, shaking out over-leveraged longs. Where do you see BTC closing the first week of September? Drop your predictions below! 👇 #CryptoNews #BinanceSquare #Bitcoin #MarketUpdate
📉 Market Update | September 1 Briefing
The crypto market faces short-term pressure following a wave of long liquidations and macro pushback.
📊 Key Metrics
• Global Market Cap: ~$2.58 Trillion (-2.1%)
• BTC Dominance: ~59.6%
• 24h Liquidations: ~$390 Million (70% Longs)
🔹 Bitcoin ($BTC): Retesting $77,500 after brief dip below $78K. Watch key support near $77K.
🔹 Ethereum ($ETH): Trading near $2,415 (-1.7%) despite strong August ETF inflow metrics.
🔹 Altcoins: Broad market pullback; $SOL and $XRP down ~2-3% on macro cooling.
💡 Key Drivers:
Hawkish remarks on inflation expectations from Fed officials sparked profit-taking after August’s strong rally, shaking out over-leveraged longs.
Where do you see BTC closing the first week of September? Drop your predictions below! 👇
#CryptoNews #BinanceSquare #Bitcoin #MarketUpdate
BTC
-0.40%
ETH
-0.52%
SOL
-3.33%
About What
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🚨 Crypto Market Briefing The crypto market is holding consolidated ranges following strong monthly momentum: 📊 Key Metrics • Global Market Cap: ~$2.61 Trillion • Bitcoin Dominance: ~59.6% 🔹 Bitcoin ($BTC): $77,500 – $78,500 range 🔹 Ethereum ($ETH): $2,400 – $2,500 (driven by record ETF monthly inflows) 🔹 BNB ($BNB): $685 consolidation #CryptoNews #BinanceSquare #MarketUpdate #Bitcoin
🚨 Crypto Market Briefing
The crypto market is holding consolidated ranges following strong monthly momentum:
📊 Key Metrics
• Global Market Cap: ~$2.61 Trillion
• Bitcoin Dominance: ~59.6%
🔹 Bitcoin ($BTC): $77,500 – $78,500 range
🔹 Ethereum ($ETH): $2,400 – $2,500 (driven by record ETF monthly inflows)
🔹 BNB ($BNB): $685 consolidation
#CryptoNews #BinanceSquare #MarketUpdate #Bitcoin
BNB
-1.17%
BTC
-0.40%
ETH
-0.52%
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