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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
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
🚨 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
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
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