Rewrite content Here’s the latest on *BTC - Bitcoin* right now 👇
*Current Price Snapshot*
- *Price*: $77,286.85 USD
- *24h Change*: +$16.32, +0.02%
- *Today’s Range*: Low $76,046.58 → High $79,890
- *Market Cap*: ∼$1.57 Trillion f722
*What’s moving BTC this week*
1. *Fed + Inflation pressure*
Bitcoin dipped to ∼$76,700 after August Core CPI came in hotter at 0.3% MoM. Traders now see ∼60% chance of a Fed rate hike on Sept 15-16. That’s why BTC has been trading under $80,000.
2. *ETF Flows*
US spot Bitcoin ETFs saw ∼$770M - $1.01B in net inflows over the first week of September. Bitfinex analysts note investors may be buying BTC even with high yields, suggesting "policy rate is no longer the binding constraint".
3. *Technical picture*
BTC ran from $62,000 up to $82,000 recently, then pulled back to ∼$77,000 after a "golden cross" formed. Historically these crosses often happen _after_ the big rally and can be followed by short-term pullbacks.
4. *Market rotation*
Bitcoin dominance dropped for 5 straight days to 59.35%. Money rotated into altcoins like Zcash which rallied 45% on the week and Grayscale’s new Zcash ETF passed $500M. 66f6278728c191719fd74835c90a
*Other headlines*
- *Liquidations*: We saw $2.74B in short liquidations when BTC pushed above $69,000 last month
- *Strategy/MicroStrategy*: Didn’t buy/sell BTC last week. They still hold ∼845,050 BTC at avg $75,412 8dbabaf1
*Current Price Snapshot*
- *Price*: $77,286.85 USD
- *24h Change*: +$16.32, +0.02%
- *Today’s Range*: Low $76,046.58 → High $79,890
- *Market Cap*: ∼$1.57 Trillion f722
*What’s moving BTC this week*
1. *Fed + Inflation pressure*
Bitcoin dipped to ∼$76,700 after August Core CPI came in hotter at 0.3% MoM. Traders now see ∼60% chance of a Fed rate hike on Sept 15-16. That’s why BTC has been trading under $80,000.
2. *ETF Flows*
US spot Bitcoin ETFs saw ∼$770M - $1.01B in net inflows over the first week of September. Bitfinex analysts note investors may be buying BTC even with high yields, suggesting "policy rate is no longer the binding constraint".
3. *Technical picture*
BTC ran from $62,000 up to $82,000 recently, then pulled back to ∼$77,000 after a "golden cross" formed. Historically these crosses often happen _after_ the big rally and can be followed by short-term pullbacks.
4. *Market rotation*
Bitcoin dominance dropped for 5 straight days to 59.35%. Money rotated into altcoins like Zcash which rallied 45% on the week and Grayscale’s new Zcash ETF passed $500M. 66f6278728c191719fd74835c90a
*Other headlines*
- *Liquidations*: We saw $2.74B in short liquidations when BTC pushed above $69,000 last month
- *Strategy/MicroStrategy*: Didn’t buy/sell BTC last week. They still hold ∼845,050 BTC at avg $75,412 8dbabaf1