🚨 $BTC this week got “punched” by the market pretty hard!
BTC at one point dropped below $76K, closing the week around $76,838, down about 4.4%.
Among the major asset group, BTC this week is almost like:
“No one hit me but somehow I feel the pain…” 🥲😂
The drama isn’t over yet…
💸 Spot Bitcoin ETF flows in the US have also turned around.
After a stretch of positive weeks, ETFs recorded roughly $462.7 million in net outflows over the past week.
This means institutional money is starting to show signs of nerves at higher price levels.
Meanwhile, CPI and PPI for August came in higher than expected → the market continues to strongly price in the chance of the Fed raising rates by 25 bps.
By September 15, the market-implied probability for a rate hike had risen to around 95% according to FedWatch.
At this point, BTC is like:
Fed: “I’m gonna hike rates, yeah.”
ETF: “I’m pulling capital out, yeah.”
BTC: “Uh hello???” 💀
😂
But what the market cares about next isn’t just whether the Fed will raise rates.
It’s also:
👉 What will the Fed say after the decision?
👉 Will ETF flows come back?
👉 Can BTC reclaim the $76K–$80K zone, or will it keep facing pressure?
In the next 48 hours, there’s likely to be plenty of volatility.
At this moment, there’s no need to guess the future. Just look at how price reacts after the news—you’ll know what the market is thinking. 👀🍿
Compiled information and personal viewpoints to track the market, not investment advice. Crypto is highly volatile—stay cautious, everyone.
BTC at one point dropped below $76K, closing the week around $76,838, down about 4.4%.
Among the major asset group, BTC this week is almost like:
“No one hit me but somehow I feel the pain…” 🥲😂
The drama isn’t over yet…
💸 Spot Bitcoin ETF flows in the US have also turned around.
After a stretch of positive weeks, ETFs recorded roughly $462.7 million in net outflows over the past week.
This means institutional money is starting to show signs of nerves at higher price levels.
Meanwhile, CPI and PPI for August came in higher than expected → the market continues to strongly price in the chance of the Fed raising rates by 25 bps.
By September 15, the market-implied probability for a rate hike had risen to around 95% according to FedWatch.
At this point, BTC is like:
Fed: “I’m gonna hike rates, yeah.”
ETF: “I’m pulling capital out, yeah.”
BTC: “Uh hello???” 💀
😂
But what the market cares about next isn’t just whether the Fed will raise rates.
It’s also:
👉 What will the Fed say after the decision?
👉 Will ETF flows come back?
👉 Can BTC reclaim the $76K–$80K zone, or will it keep facing pressure?
In the next 48 hours, there’s likely to be plenty of volatility.
At this moment, there’s no need to guess the future. Just look at how price reacts after the news—you’ll know what the market is thinking. 👀🍿
Compiled information and personal viewpoints to track the market, not investment advice. Crypto is highly volatile—stay cautious, everyone.
