Bitcoin Slips Under $77K After August Rally as Macro Pressures Mount. Here Is What Expert Say
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7 Articles
The Economic Times
Bitcoin slips under $77K after August rally as macro pressures mount. Here is what expert say
Bitcoin fell below $77,000 as rising oil prices, bond yields and geopolitical tensions pressured crypto markets after Augusts rally. Ethereum and major altcoins also declined, while analysts highlighted key support levels, cautious positioning and volatility risks in September.
Bitcoin has retreated to the $77,000 mark after its strong rise in August. As US-Iran tensions push oil prices higher and interest rate expectations shift, increasing pressure on the crypto market, attention is now focused on the US non-farm payrolls data.
Bitcoin’s $82,000 test is coming as one major market signal turns bullish
Bitcoin entered September in a consolidation phase after gaining approximately 23% over the last two weeks. The cryptocurrency briefly traded above $81,000 before retreating below $77,000, but analysts say its broader market structure remains relatively healthy. Bitcoin is trading at $76,990 at the time of writing, down 1.4% over the previous 24 hours. Bitcoin spot trading volume falls 35% K33 reported on Tuesday that Bitcoin’s average daily spo…
In the bond market, the pressure is growing and the expectations of the Fed are changing significantly. Two dates today determine your direction for Bitcoin. Source: BTC-ECHO BTC-ECHO
Bitcoin Slips Below $77,000 As Market Faces Renewed Selling Pressure
BitcoinWorld Bitcoin Slips Below $77,000 as Market Faces Renewed Selling Pressure Bitcoin fell below the $77,000 mark on Thursday, continuing a recent pullback that has captured the attention of traders and investors. Data from Binance’s USDT market showed BTC trading at $76,964.38 at the time of writing, reflecting a decline of approximately 2.3% over the past 24 hours. Market Context: What’s Driving the Drop? The latest […] This post Bitcoin S…
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