Bitcoin is consolidating between $79,000 and $80,100, sitting on a third straight day of spot ETF inflows that have pushed net ETF assets past $101 billion. The market took a scare on September 7 when a vulnerability in the Liquid Network sidechain led to roughly $320 million (4,000 BTC) being withdrawn, triggering $197.84 million in derivatives liquidations across 65,155 traders — yet "smart money" used the panic to buy the dip. Strategy purchased another 4,603 BTC at an average price of $80,300, pushing its total holdings to 845,050 BTC, while European firm Capital B SA raised €28.7 million (with Blockstream CEO Adam Back among the investors) to buy 376 BTC at around $78,100.
Fed rate-cut odds have fallen to a coin-flip after August payrolls nearly tripled forecasts, with the next major catalyst — the CPI report — due September 12.
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