Bitcoin slips below $77.5K as macro pressure offsets ETF inflows

Bitcoin slips below $78,000; analysts warn of deeper pullback to $73,000

Bitcoin fell 1.5% to $77,542 as oil prices, geopolitical tensions and Fed rate hike expectations pressured crypto. Analysts highlight $76,000 support, ETF inflows and gold correlation.

Bitcoin slips below $77.5K as macro pressure offsets ETF inflows

Bitcoin traded near $77,500 on Sept. 1 as rising oil prices, higher bond yields and renewed US rate-hike concerns outweighed strong spot ETF inflows, while short-term technical indicators pointed to weakening momentum. Bitcoin price loses short-term support According to data…

Bitcoin Demand Turns Negative Again: Analyst Warns Of Further Downside If Weakness Persists

BitcoinWorld Bitcoin demand turns negative again: analyst warns of further downside if weakness persists Bitcoin’s apparent demand has slipped back into negative territory as short-term holders continue to take profits, a shift that crypto analyst Darkfost flagged on X (formerly Twitter) as a sign of weakening market momentum. The on-chain metric, which tracks whether buyers are absorbing supply or sellers are dominating, has turned down after a…

Bitcoin drops to $77.5K as oil and yields override ETF inflows - The Blockopedia

Bitcoin moved closer to $77,500 on September 1, after a session that tested $79,225 before turning lower. Sellers pushed the price to an intraday low near $77,318. That left the cryptocurrency about 1.6% down on the day and below the $77,700 to $78,000 support zone that had held for most of the previous week. The […] The post Bitcoin drops to $77.5K as oil and yields override ETF inflows appeared first on The Blockopedia.