Bitcoin Prices: Bitcoin is holding steady around $79,000 as markets monitor upcoming U.S. inflation data and Federal Reserve rate expectations.Macro Pressures: Rising oil prices and shifting interest rate bets have caused minor pullbacks across major assets. Major Crypto NewsLiquid Network Hack: Roughly $320 million was withdrawn in a recent exploit affecting the Bitcoin-based Liquid Network, with block explorers and white hats negotiating the return of missing funds.Institutional Adoption: Standard Chartered recently launched institutional spot cryptocurrency trading in the UAE.New Products: The first staked ETF tied to Tron made its debut on U.S. markets.#ChinaAugustCPIRises0.8%YoY #OilRisesToHighestSinceJuly #AEROSurges17%In24Hours #IranSaysItCapturedUSUnmannedSubmarine #USStrikesTargetsNearHormuzAndJask $BTC $NVDAB
Price: ~$78,986 Short-term bias: bearish/weak Price is below MA25 ~$79,126 and MA99 ~$79,313 → sellers still have an edge. Support: $78,680 → key level. Below it, ~$78,586 is next. Resistance: $79,050–79,150, then ~$79,400. Bullish trigger: reclaim and hold $79.3K+. Bearish trigger: clean break below $78.68K. BTC is currently around the $79K area, consistent with the broader market trading in a roughly $76K–$82K range. I investing.com