Dijital varlık yatırım şirketi 21Shares’in analisti Matt Mena, Bitcoin 100 bin dolar hedefinin 2026’nın dördüncü çeyreğinde yeniden gündeme gelebileceğini düşünüyor. Mena’ya göre mevcut piyasa koşulları, BTC’nin yeniden yükseliş ivmesi kazanabilmesi için daha elverişli bir tablo oluşturmaya başladı.
Analist, kısa vadede dalgalı fiyat hareketlerinin devam edebileceği konusunda ise yatırımcıları uyarıyor. Bitcoin’in önce 75 bin doları test etmesi mümkün görünürken, sonrasında 80 bin dolar seviyesinin yeniden kazanılması yükseliş beklentisini güçlendirebilir.
Bitcoin İçin 75 Bin Dolar Seviyesi Neden Önemli? Matt Mena’nın kısa vadeli değerlendirmesinde 75 bin dolar öne çıkan seviyelerden biri. Bitcoin’in bu bölgeye doğru gerilemesi, mevcut yükseliş beklentisinin tamamen ortadan kalktığı anlamına gelmiyor.
Aksine analist, böyle bir geri çekilmenin ardından BTC’nin 80 bin doları yeniden aşma ihtimalinin arttığını belirtiyor. Bu nedenle yatırımcıların yalnızca fiyatın ne kadar gerilediğine değil, kritik destek seviyelerindeki davranışına da odaklanması gerekiyor.
75 bin dolar civarındaki hareket, piyasanın kısa vadeli yönü hakkında önemli ipuçları verebilir. Özellikle bu bölgenin korunması, Bitcoin’in daha yüksek seviyeleri yeniden denemesi açısından olumlu bir gelişme olarak değerlendirilebilir.
80 Bin Dolar Aşılırsa Sırada Ne Var? Bitcoin’in 80 bin doları yeniden kazanması, Mena’nın senaryosunda önemli bir eşik oluşturuyor. BTC bu seviyenin üzerinde güç kazanabilirse, ay sonuna kadar 82 bin dolara ulaşma ihtimali gündeme gelebilir.
82 bin dolar hedefinin gerçekleşmesi, dördüncü çeyrek başlamadan önce piyasa görünümünün daha güçlü hale gelmesini sağlayabilir. Böyle bir hareket, yatırımcıların yükseliş beklentisini artırırken Bitcoin’in daha yüksek fiyat bölgelerine yönelik ilgiyi de canlandırabilir.
Bununla birlikte 82 bin dolar seviyesine ulaşılması, 100 bin dolarlık hedefin otomatik olarak gerçekleşeceği anlamına gelmiyor. Kripto para piyasası yüksek volatilite taşıdığı için fiyat hareketleri analist tahminlerinden önemli ölçüde farklılaşabilir.
Bitcoin 100 Bin Dolar Hedefine Nasıl Ulaşabilir? Mena’nın dördüncü çeyrek için ortaya koyduğu 100 bin dolarlık hedef, Bitcoin’in mevcut seviyelerinden kayda değer bir yükseliş gerçekleştirmesini gerektiriyor. Bu nedenle önümüzdeki haftalarda fiyatın 75 bin dolar çevresindeki tepkisi ve 80 bin dolar üzerindeki performansı kritik önem taşıyor.
Analistin beklentisi, tek seferde gerçekleşecek bir fiyat hareketinden ziyade aşamalı bir toparlanmaya dayanıyor. Öncelikle 75 bin dolar seviyesinin destek olarak çalışması, ardından 80 bin doların aşılması ve 82 bin dolar bölgesinin test edilmesi gerekiyor.
Bu seviyelerin aşılması halinde Bitcoin’in dördüncü çeyrekte 100 bin dolara yönelik yeni bir yükseliş hareketi başlatması için daha uygun bir zemin oluşabilir. Ancak bu senaryo kesin bir fiyat tahmini değil, mevcut verilere dayanan analist beklentisi olarak değerlendirilmeli.
Kripto Para Piyasasında Volatilite Riski Sürüyor 21Shares analisti Matt Mena’nın değerlendirmesi, Bitcoin için kısa vadeli düzeltme ihtimali ile orta vadeli yükseliş beklentisinin aynı anda bulunduğunu gösteriyor. Bu nedenle yatırımcıların yalnızca hedef fiyatlara odaklanmak yerine kritik seviyelerdeki fiyat davranışını takip etmesi önem taşıyor.
Bitcoin’in ay sonuna kadar 82 bin dolara yükselmesi, dördüncü çeyrek öncesinde piyasa algısını destekleyebilir. Buna karşın kripto para piyasasındaki yüksek oynaklık, gerçekleşen fiyat hareketinin beklentilerden farklı olabileceği anlamına geliyor.
Özetle Mena, mevcut şartların Bitcoin’in 2026’nın son çeyreğinde 100 bin dolara doğru ilerlemesi için giderek daha uygun hale geldiğini düşünüyor.
Bu içerik kesinlikle yatırım tavsiyesi niteliği taşımamaktadır. Piyasalar yüksek risk içermektedir ve yatırım kararlarınızı almadan önce kendi araştırmanızı yapmanız önemlidir.
Son Dakika kripto para haberleri için hemen tıkla.
Konu ile ilgili yorumlarınızı bize yazabilirsiniz. Ayrıca, bu tarz bilgilendirici içeriklerin devamının gelmesini isterseniz, bizleri Telegram, Youtube ve Twitter kanallarımızdan takip edebilirsiniz.
Since early August, Bitcoin’s market structure has strengthened as prices rose while exchange deposits declined. The price of Bitcoin [BTC] increased by approximately 25%, from approximately $63,000 to approximately $79,000.
In that time frame, most of the buying interest was coming from larger participants.
Conversely, the amount of mid-sized coins going into Binance, Coinbase Pro, and Coinbase Prime decreased by an estimated 15.5 percent during this time.
Overall there were fewer mid-sized coins entering exchanges, which would have added additional sellable coins into their respective order books.
Source: CryptoQuant The largest decrease was at Binance, where the number of mid-sized coins going into their platform dropped almost 30% from 4,390 BTC to 3,080 BTC. This indicates that larger, mid-sized coin investors are choosing to hold rather than sell their coins during the increase in price.
This reversal produced a 1,160 BTC swing between both venues. As such, it appears that large mid-size investor activity is shifting between different exchanges. However, no increase in overall selling pressure was evident.
Hence, if the low inflow levels continue, they will help support current price levels. However, any continued increases in price will need to be sustained through ongoing demand.
The majority of the price increase was therefore a result of retail and institutional investors rather than whales. In turn, this left Bitcoin’s 25% rally without stronger support from its largest holders.
The majority of the price increase was therefore a result of retail and institutional investors and not whales. Furthermore, whales have maintained their balance levels since the 2nd of September with an average balance of approximately 5.22 million BTC.
Source: X Softer inflation could restart accumulation and strengthen the rally. On the other hand, firm inflation or tighter policy could delay buying and weaken momentum. Thus, while reduced exchange selling is still beneficial for Bitcoin, whale demand remains missing.
That caution is also appearing in Bitcoin ETFs, where investors have now started reducing exposure near $79,000. Funds lost $46.65 million on the 8th of September, followed by $120.24 million the next day.
Those withdrawals reduced total net assets from $99.52 billion to $99.33 billion, showing weaker demand near recent highs.
However, the flows remain positive at $622.7 million in September. Therefore, this recent sell-off has not eliminated previous demand.
Source: SoSoValue Meanwhile, ETF losses have recovered from an $18 billion low toward break-even as Bitcoin rebounded. This decline in losses will act as a resistance level if prices do recover beyond this point and could result in buyers returning to profitability, thus eliminating future selling.
Conversely, failure to overcome this resistance may lead to continued outflows, limiting Bitcoin’s potential upward movement.
Anthony Pompliano, CEO of Professional Capital Management, said on Thursday that the more cash handouts President Donald Trump gives, the better it’d be for assets like Bitcoin (CRYPTO: BTC).
Pompliano is Bullish on BTCTrump proposed $5,000 “Trump dividend” checks to every American adult citizen if Republicans win the November midterms. The proposal would cost roughly $1.2 trillion.
Pompliano argued that stimulus would boost inflation and the money supply, driving demand for scarce assets like Bitcoin, gold, and land as stores of value.
“The more money he hands out, the higher Bitcoin, gold, and land will go,” he added.
What Do Stats Say? A 2022 study by Federal Reserve economists found that fiscal stimulus during the COVID-19 pandemic contributed to an increase in inflation of about 2.5 percentage points in the U.S.
A recent study published in the Chicago Booth Review, however, disputed this view, finding that stimulus programs accounted for less than one-fifth of the price increases during this period.
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Another BTC Rally Incoming?Bitcoin and the broader cryptocurrency market have a history of rallying after such announcements. Trump floated a $2,000 tariff dividend in November, sending BTC up 5%. The COVID stimulus checks had a similar impact.
As for Pompliano, he has repeatedly cast Bitcoin as a hedge against the debasement of the dollar.
Interestingly, he supports investing stimulus checks in Bitcoin, arguing that people need to shift from being consumers to becoming investors.
Price Action: At the time of writing, BTC was exchanging hands at $76,763.91, down 1.65% over the last 24 hours, according to data from Benzinga Pro.
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Photo: IAB Studio / Shutterstock
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CoinCorner and AnchorWatch have brought a new insured Bitcoin custody option to everyday holders, pairing exchange-account convenience with multi-signature control and coverage arranged through Lloyd’s of London.Isle of Man-based CoinCorner, a Bitcoin and Lightning company that has served customers for more than a decade, has rolled out a product branded Vault.
The service is built with US custody and insurance specialist AnchorWatch and is designed so users can keep bitcoin in cold storage without assembling hardware wallets, managing seed phrases, or running their own multi-sig setup.
CoinCorner describes the offering as multi-signature, multi-jurisdiction, and multi-entity custody, with insurance that addresses loss of keys and unauthorised access.
Under the Vault model, control of customer bitcoin is split between two independent firms in different jurisdictions.
CoinCorner holds one signing key and AnchorWatch holds the other, so neither party can move funds on its own.
That structure is meant to reduce single-custodian and single-jurisdiction risk while keeping the user experience inside a familiar CoinCorner account.
Customers can also set their own identity checks that must be completed before a transfer is authorised, adding a custom theft-protection layer on top of the cryptographic quorum.
Insurance is the product’s most visible selling point.
Bitcoin stored in Vault is covered under a policy underwritten in the Lloyd’s of London market, according to both companies.
AnchorWatch, a Lloyd’s coverholder, has spent several years combining Bitcoin-native vault software with optional institutional-style insurance.
Company executives have framed Vault as a way to give retail holders protections that were previously associated mainly with large institutions.
CoinCorner chief executive Danny Scott has said the partnership lets the exchange offer insured multi-signature custody without forcing customers through a technical setup.
AnchorWatch COO Becca Rubenfeld has described the design as keys split across independent firms and jurisdictions, backed by Lloyd’s capacity, and simple enough for non-specialists to use.
The commercial terms are straightforward.
Vault costs 1.5 percent a year, billed monthly on the bitcoin balance recorded at the start of each month.
Users can add funds at any time and are not locked into a long-term contract.
Withdrawals can be made back to a standard CoinCorner bitcoin balance, after which ordinary on-chain fees may apply.
Some reporting notes that deposits opened in Vault may not move into the insured multi-sig wallet immediately and can settle on the first working day of the following month, with holdings visible on-chain through an address provided by CoinCorner.
The companies say the bitcoin is not lent or reused.
The launch sits against a wider debate about how people should store bitcoin after high-profile hardware-wallet losses and social-engineering attacks. AnchorWatch and CoinCorner had already collaborated earlier in 2026 on a broader multi-institution custody model that can also involve BitGo in a 2-of-3 arrangement.
Vault, as marketed to CoinCorner customers, is presented as a two-key version of that idea: institutional-grade security without asking users to become their own operations team.
Important caveats remain.
CoinCorner’s crypto services are not authorised by the UK Financial Conduct Authority and are not covered by the Financial Services Compensation Scheme. Private insurance applies only to specified events such as key loss and unauthorised access; it does not protect against price declines or every operational failure.
Prospective users should review policy wording, settlement timing, and identity-verification rules before moving coins.
For holders who want cold storage discipline without the operational burden of self-custody, Vault is an attempt to productise multi-sig and insurance inside a retail exchange account. Whether the 1.5 percent fee is worth that trade-off will depend on each user’s risk tolerance, technical comfort, and need for insured recovery paths.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Key Highlights Bitcoin slid to $77,189 following stronger-than-anticipated US PPI figures of 5.4%, pushing Federal Reserve rate hike probabilities to approximately 72% WTI crude oil breached the $100 per barrel mark for the first time since May 21, intensifying inflationary pressures Treasury 30-year bond yields climbed to 5.353%, reaching levels unseen since June 2007 Spot Bitcoin ETFs experienced $283 million in net withdrawals, extending the outflow streak to three consecutive sessions Brian Armstrong, CEO of Coinbase, expressed his belief that Bitcoin has reached its cyclical bottom within the current four-year pattern Bitcoin tumbled beneath the $77,000 threshold on Thursday as a perfect storm of elevated inflation figures, climbing oil costs, and escalating bond yields sent risk-sensitive assets into retreat.
Bitcoin (BTC) Price The leading digital currency by market capitalization declined 1.76% to settle at $77,189, immediately following the Bureau of Labor Statistics’ release of the August Producer Price Index (PPI) figures.
The headline PPI registered at 5.4% on an annual basis, marginally exceeding the 5.3% market consensus. Compounding market anxiety, July’s numbers underwent upward revisions, intensifying pressure on investors already bracing for Friday’s Consumer Price Index (CPI) announcement.
BREAKING: August PPI Inflation rises to 5.4%, above expectations of 5.3%.
Core PPI Inflation rose to 4.6%, the highest since June 2026.
July's headline and core PPI inflation numbers were also revised higher.
The odds of rate hikes are rising further on the news.
— The Kobeissi Letter (@KobeissiLetter) September 10, 2026
Market expectations for a Federal Reserve rate increase spiked following the inflation report. Data from the CME FedWatch Tool indicates the likelihood of a 0.25% rate increase at the September 16 FOMC gathering surged to nearly 72%, climbing from approximately 64% prior to the PPI announcement.
Energy markets contributed additional stress to the equation. WTI crude surpassed $100 per barrel for the first time since late May, fueled by escalating military tensions between the United States and Iran concerning the Strait of Hormuz. Brent crude similarly climbed, exceeding $105 per barrel.
Treasury Yields Climb to Generational Heights US Treasury yields experienced substantial upward movement throughout the session. The 30-year maturity yield touched 5.353%, marking its highest reading since June 2007. The benchmark 10-year yield reached 4.968%, a level last witnessed in November 2023.
These movements occurred even as the US Treasury implemented a $6 billion debt repurchase program. Financial analysis platform The Kobeissi Letter noted on X: “The bond market is quite literally fighting the US Treasury.”
In Europe, the European Central Bank implemented a 0.25% rate increase on Thursday, representing its second hike during 2026.
Weakening ETF Flows and Spot Market Demand Cryptocurrency market analyst Ted Pillows issued a warning on X that spot Bitcoin demand has contracted to levels comparable to when BTC traded at $69,000, stating: “Either spot buyers need to do the lifting, or the price will inevitably drop to $70,000.” His observations underscore mounting concerns among market participants monitoring demand indicators.
According to Wu Blockchain reporting on X, Bitcoin spot ETFs registered $283 million in net withdrawals on September 10. This represented the third consecutive trading day of negative flows from Bitcoin exchange-traded products.
Bitcoin Spot ETFs Saw Total Net Outflows of $283 Million Yesterday, Marking Three Consecutive Days of Net Outflows
On September 10 (ET), Bitcoin spot ETFs recorded total net outflows of $283 million, marking three consecutive days of net outflows. Ethereum spot ETFs saw total… pic.twitter.com/v4FFtB67Z8
— Wu Blockchain (@WuBlockchain) September 11, 2026
Blockchain analytics further revealed Bitcoin sell-side risk declining to unusually low thresholds, with sellers at the $80,000 price level virtually disappearing from the market.
During an interview with Bloomberg Television from Singapore, Coinbase CEO Brian Armstrong shared his personal conviction that Bitcoin has established the floor of its present four-year market cycle. Armstrong noted that cryptocurrency regulatory frameworks are showing signs of improvement, characterizing the Clarity Act as “right on the finish line” for Senate passage.
PANews, September 11 – According to Bitcoin.com, Mastercard has launched Mastercard Wallet Pay, a global digital wallet solution portfolio that supports contactless (NFC), QR code, and online digital payments, aiming to enhance interoperability between different wallets, platforms, and payment methods.
Mastercard stated that the number of global digital wallet users has already exceeded 4.3 billion and is expected to surpass 6 billion by 2030. Wallet Pay helps wallet service providers launch credit, debit, or prepaid card programs and supports fast transfers between cards, wallets, and accounts, covering more than 200 countries and regions, 150 currencies, and hundreds of millions of acceptance points and digital access points. The first participants include Alipay+ partner wallets AlipayHK, Clip, GCash, KakaoPay, TNG eWallet, and TrueMoney, as well as AXIAN, CRED, DaviPlata, Mercado Pago, MTN, and TenPay Global.
Canada’s financial regulator, the Office of the Superintendent of Financial Institutions (OSFI), has announced that Canadian institutions can offer tokenized deposits, provided they adhere to existing laws and consult with the agency prior to launch. This development aligns tokenized deposits with the traditional banking framework rather than treating them as separate crypto assets. The move is seen as an indication of regulatory openness towards integrating blockchain technology into traditional finance, which may impact market perceptions regarding the future of cryptocurrencies in Canada.
In the context of prediction markets, this announcement appears to have implications for Bitcoin’s future price predictions. Currently, the probability of Bitcoin reaching $200,000 by the end of 2026 remains low, with most sub-markets indicating less than 10% likelihood. However, the regulatory support for tokenized assets in Canada could be seen as supportive of increased institutional interest, potentially influencing the market dynamics in the future.
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The announcement by OSFI suggests a potential increase in institutional adoption of blockchain technologies in Canada, which could correlate with increased interest in Bitcoin and other cryptocurrencies. Market pricing currently shows modest changes in the odds, with some increases in the probability of higher Bitcoin price targets by the end of 2026, reflecting a nuanced reception to the news.
Key Takeaways OSFI’s announcement appears to suggest regulatory openness to tokenized deposits within existing frameworks. Market pricing suggests this could be supportive of increased institutional interest in blockchain technologies. Current Bitcoin price prediction markets show modestly increased probabilities for higher price targets by 2026. What to Watch Observers will be closely monitoring any subsequent moves by Canadian financial institutions in response to OSFI’s announcement. Developments in institutional adoption of tokenized deposits could influence market sentiment and pricing in Bitcoin prediction markets. Additionally, any further regulatory clarifications or industry responses will be important indicators for market participants assessing the broader implications of this regulatory development.
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Term Structure
Contract Odds Δ since publish Volume 24h December 31 1.1% 0.0¢ $3K View market → December 31 1.5% +0.1¢ $8K View market → December 31 2.6% 0.0¢ $6K View market → December 31 4.2% 0.0¢ $4K View market → December 31 8.5% 0.0¢ $51K View market → January 1 2027 20.5% 0.0¢ $9K View market → January 1 2027 9.5% 0.0¢ $243K View market → January 1 2027 2.2% 0.0¢ $7K View market → January 1 2027 1.1% 0.0¢ — View market → January 1 2027 1.6% 0.0¢ $6K View market → January 1 2027 2.7% 0.0¢ $182 View market → January 1 2027 5.8% +0.1¢ $298 View market → January 1 2027 12% 0.0¢ $26K View market → January 1 2027 20% 0.0¢ $38K View market → January 1 2027 4.5% 0.0¢ $3K View market → January 1 2027 0.9% 0.0¢ $1K View market → January 1 2027 1.6% 0.0¢ $184 View market → January 1 2027 15.5% 0.0¢ $44K View market → January 1 2027 6.5% 0.0¢ $2K View market → January 1 2027 3.9% 0.0¢ $2K View market → January 1 2027 1.7% 0.0¢ — View market → January 1 2027 1.3% 0.0¢ $5 View market → January 1 2027 1.4% 0.0¢ — View market → January 1 2027 0.6% 0.0¢ — View market → January 1 2027 0.2% 0.0¢ $56 View market → January 1 2027 29% 0.0¢ $6K View market → January 1 2027 58.5% 0.0¢ $16K View market → January 1 2027 64.5% 0.0¢ $21K View market → January 1 2027 44.5% -0.5¢ $15K View market → January 1 2027 87% 0.0¢ $4K View market → Updated 5min ago
Matt Mena, an analyst at digital asset investment company 21Shares, said that the conditions are beginning to form for Bitcoin to rise towards the $100,000 level in the fourth quarter of 2026. Mena stated that while price fluctuations may continue in the short term, Bitcoin’s potential for a renewed rise is strengthening.
According to the analyst, Bitcoin could retest the $75,000 level in the near term. Despite the possibility of such a pullback, Mena stated that the likelihood of BTC regaining the $80,000 level has increased. He predicted that Bitcoin could rise to $82,000 by the end of the month if current market conditions remain supportive.
Mena’s assessment indicates that the Bitcoin market simultaneously presents a short-term correction risk and a medium-term bullish outlook. The $75,000 level stands out as a potential support point, while a resurgence above $80,000 could be considered a significant technical development for the market.
The analyst’s target of $100,000 for the fourth quarter requires Bitcoin to experience a significant rise from its current levels. Therefore, investors are expected to closely monitor the price’s potential movements around $75,000 and its sustained position above $80,000 in the coming period.
It is estimated that if Bitcoin reaches $82,000 by the end of the month, the market outlook could strengthen further before the fourth quarter. However, due to the high volatility of the cryptocurrency market, short-term price movements may differ from analyst predictions.
According to 21Shares analyst Matt Mena, the current outlook suggests an increasingly favorable environment for Bitcoin to initiate a new uptrend towards $100,000 in the fourth quarter.
*This is not investment advice.
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Key Points An authentication vulnerability in Brevo’s email platform enabled unauthorized entry into 138 customer accounts Approximately 347,000 Trezor newsletter recipients were sent phishing messages with fraudulent links The incident also impacted BitBox and CoinTracking through their respective Brevo accounts Roughly 2,500 individuals accessed the malicious link before Trezor disabled the domain in under 20 minutes Trezor confirms that wallet information, login credentials, and product infrastructure remained secure An authentication weakness in the Brevo email marketing service enabled a malicious actor to compromise 138 customer accounts and distribute phishing messages to hundreds of thousands of cryptocurrency holders.
🚨 SECURITY WARNING 🚨
Brevo (formerly Sendinblue) has reportedly been compromised. Phishing emails impersonating CoinTracking, Trezor and BitBox and likely several others in the industry are currently making the rounds.
DO NOT:
❌ Click any links
❌ Download attachments
❌… pic.twitter.com/yW30XrNV1R
— Coinjoined Chris ⚡ (@coinjoined) September 9, 2026
The security incident impacted Trezor, BitBox, and CoinTracking, which all relied on Brevo’s platform for managing their email subscriber databases.
The Exploitation Method The threat actor established a Brevo account, activated single sign-on functionality, and sent invitations to genuine Brevo users to join the configuration. A critical authorization boundary weakness subsequently provided the attacker with access to all organizations those invited users had permissions for.
Brevo’s subsequent investigation revealed that six compromised accounts were utilized to distribute phishing communications, 43 accounts had contact lists extracted, and 93 accounts displayed no significant unauthorized activity.
The campaign was engineered to circumvent standard email verification protocols, causing the fraudulent messages to appear legitimate to those who received them.
The Phishing Message Campaign Trezor’s database of 347,000 newsletter recipients was sent an email with the heading “Critical Security Alert: STM32 Entropy Vulnerability.”
The message included a hyperlink directing users to a counterfeit application designed to capture wallet recovery phrases, providing attackers complete control over victim funds.
Trezor deactivated the fraudulent domain through DNS-level intervention within 20 minutes of identifying the unauthorized email. Approximately 2,500 recipients had already accessed the link during that window.
Trezor has verified that its Brevo account contained exclusively opt-in newsletter email addresses. No login credentials, wallet information, or additional personal data was maintained on the platform.
The organization is now considering all 347,000 addresses as potentially compromised and vulnerable to subsequent phishing campaigns.
Impact on BitBox and CoinTracking BitBox reported that the fraudulent email was delivered to its complete newsletter and educational content subscriber base via Brevo. The company’s investigation found no indication of extracted contact databases, compromised funds, or exposed seed phrases.
BitBox verified that its Brevo account stored exclusively email addresses and user language preference settings.
CoinTracking’s Brevo infrastructure was exploited to distribute a message with the subject line “Data Breach Notice: Please refresh API Keys as soon as possible.” The organization cautioned subscribers against interacting with any hyperlinks contained in that communication.
Trezor has deactivated its Brevo account and implemented alert notifications throughout its website, mobile application, and customer support platforms.
If you provided your wallet recovery phrase after accessing the fraudulent link, Trezor recommends transferring assets to a newly generated wallet without delay. Simply clicking the link without submitting information does not compromise your cryptocurrency holdings.
Trezor has announced it is conducting a comprehensive evaluation of its third-party service providers and security protocols in response to this incident.
Roughly $3 billion in Bitcoin and Ethereum options expired on Deribit, and the two assets told very different stories heading into settlement. Bitcoin’s options book stayed firmly tilted toward calls, the optimistic bets. Ethereum’s, meanwhile, drifted toward puts, the kind of contracts you buy when you’re expecting trouble.
The numbers behind the expiry Bitcoin accounted for the lion’s share of the event, with approximately $2.53 billion in notional value expiring. Ethereum contributed a comparatively modest $406 million to $425 million. Together, the total landed in the $2.9 billion to $3 billion range.
The more revealing metric is the put-to-call ratio. For Bitcoin, it sat at 0.76. A ratio below 1 means there are more call options (bullish bets) than puts (bearish bets) in open interest. Ethereum’s put-to-call ratio hit 0.89, noticeably closer to parity and leaning toward defensive positioning.
Max pain levels were pegged at roughly $75,000 for Bitcoin and around $2,150 for Ethereum. These levels act like gravitational centers in the days surrounding expiry, pulling spot prices toward them as market makers adjust positions.
Why Ethereum traders got nervous The shift toward puts in Ethereum didn’t happen in a vacuum. According to analysis from Greeks.live and Deribit’s own data, significant demand for downside hedging had built up in the market following a liquidation event that drove Bitcoin prices below $70,000.
What happens after $3B in options settle Options expiries of this size ripple through the market via a process called gamma hedging. Dealers who sold those options were hedging their exposure by buying or selling the underlying asset. When the options expire, those hedges get unwound, which can create sudden bursts of buying or selling pressure.
The immediate aftermath of this particular expiry appeared relatively muted. Market stabilization following the earlier liquidation event may have dampened the typical post-settlement fireworks.
These large-scale expiries on Deribit have become a regular feature of crypto market calendars. Previous events in December 2025 and January 2026 featured similar notional values in the $2 billion to $3 billion-plus range. Platforms like Deribit, Greeks.live, and Laevitas now provide granular visibility into options flows that tracks these recurring dynamics.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Bitcoin, Ethereum and XRP resumed their declines on Thursday following new U.S. inflation data that raised expectations the Federal Reserve would hike rates at the next meeting. The September 15-16 FOMC meeting could be weighed on risk assets on the crypto market.
Bitcoin, Ethereum, XRP Witness Major Pullback Economists had forecast a 0.4% increase in the U.S. Bureau of Labor Statistics’ Producer Price Index (PPI) this month, which matches the reported figure. Producer prices rose 5.4% on an annual basis, just a bit higher than the consensus of 5.3%.
In the meantime, the Core PPI inflation reading ticked up 0.2% month-on-month, reversing a 0.3% drop. The Core PPI was unchanged on the yeay basis, which is in line with the forecast. Despite some cooling of underlying price growth, the report said inflationary pressures are still high.
The major cryptocurrencies have seen selling following the inflation report. Bitcoin price dropped around 2.7% in the last 24 hours and currently is trading at $77,300. XRP fell about 3.9% to just over $1.37, while Ethereum tumbled around 2.1% to $2,450.
Bitcoin price chart today. Source: TradingView The 1-hour BTC price chart also showed signs of increased bearish momentum. Bitcoin made multiple attempts to test the $79,000-$80,000 resistance zone without any success. However, it eventually traded below the $77,500 support line, making a new lower low. The current sharp red candle indicates that sellers took control since the release of inflation data and is now increasing the potential for further declines if buyers are unable to support the price.
Fed Rate Hike Odds Rise After U.S. PPI Report Markets are now turning a greater focus on the Federal Reserve’s Sept. 15-16 FOMC meeting. After the U.S. PPI was released, the CME FedWatch tool had traders pricing in a 74% chance of the Fed hiking rates to a 3.75%-4.00% range, down from 80% prior to the release, and a 26% chance of a 3.50%-3.75% range, up from 20%.
When interest rates are high, it tends to be more negative for cryptocurrencies, as a higher interest rate would make the U.S. dollar stronger and Treasury yields higher, lowering demand for risk assets. Friday’s CPI report is also on the market’s radar as it could further impact expectations on the Fed’s decision, and drive more selling pressure on Bitcoin, Ethereum and XRP or ease.
For more prediction market updates, check out our page on Top Crypto Prediction Market Platforms.
Bitcoin, the world’s largest cryptocurrency, slipped to around $77,300 after failing to maintain its rally above the $80,000 to $81,000 zone. A short-term correction has now set in as BTC continues a pattern of lower highs following its recent peak. Analysts highlight the $76,000 to $77,000 band as a critical support level as technical momentum indicators continue to weaken.
Bitcoin’s correction and support zonesOn the daily chart, Bitcoin is displaying subdued momentum following a strong August breakout. Key dynamic support is seen near $75,967, while the main moving averages—at $72,863, $70,675, and $70,417—sit further below, providing deeper fallback levels in the event of continued selling pressure.
Despite recent downside, the structure set by Bitcoin’s August rally remains technically intact. However, the RSI has dropped to about 55.5 after overheating in overbought territory, and its position below the signal average of 66 signals waning momentum.
Should BTC slide below $76,000 to $77,000, traders will look to the $72,800 to $73,000 area for more durable support. Conversely, any convincing recovery above $79,000 could set up another move toward $80,000 or higher.
Traders see the $76,000 to $77,000 area as crucial for Bitcoin’s short-term outlook, emphasizing that a loss of this level could bring further downside risk.
Market participants also note a rise in bond yields and oil prices leading up to key U.S. inflation data and next week’s Federal Reserve decision.
Ethereum consolidates after August rallyEthereum remains in a consolidation phase after surging from around $1,900 to over $2,500 in August. ETH is currently priced at $2,441, well above its major moving averages at $2,190, $2,148, and $2,115, but facing resistance at the $2,500 to $2,560 band. The dynamic support region is at $2,362, helping maintain the post-breakout structure.
Reuters has described the current Ethereum pattern as a potential bull flag, though momentum is fading as the RSI has contracted from overbought levels to approximately 58. The repeated inability to break above $2,500 and a sliding RSI underline short-term challenges for bulls.
Analysts suggest that holding support between $2,360 and $2,400 is key for Ethereum to preserve its positive setup, while a daily close beneath $2,350 could lead to a sharper correction.
A close above $2,560 may clear a path to $2,600 and higher resistance levels. Investors will also be watching for U.S. CPI data, which could influence market direction.
XRP tests critical price clusterXRP, issued by Ripple Labs, has pulled back to trade at $1.36, retreating from recent highs following its August surge above $1.50. The token is now testing a vital technical zone between $1.33 and $1.36, with its long-term moving average at $1.355 and short-term dynamic support hovering near $1.337.
After reaching $1.70 in August, XRP buyers have been unable to sustain a move above $1.50, with subsequent lower highs observed at $1.45, $1.43, and $1.41. The RSI, now around 53.5, has dipped below its signal average, reflecting reduced momentum but remaining in neutral territory.
If XRP closes below $1.33, technical analysts see scope for a correction toward $1.24 or even test deeper moving averages at $1.21. Bulls need to reclaim the $1.40 to $1.42 zone to regain positive traction, with another push above $1.45 required to revisit late-August highs.
Shiba Inu’s momentum breaks downShiba Inu (SHIB) has weakened after falling about 3.2%, currently trading near $0.00000509. The loss of a key rising trendline, established since late August, marks a shift in SHIB’s recovery narrative. The token is now resting on immediate support between $0.0000049 and $0.0000050, with moving averages clustered at $0.00000517, $0.00000504, and $0.00000494.
Momentum has deteriorated, as evidenced by an RSI at 48.2—below both its signal average of 54.8 and the neutral 50 threshold. SHIB’s primary resistance sits between $0.00000565 and $0.00000570, a level it failed to decisively breach during the August spike.
A breakdown below $0.0000049 could open the door to $0.0000046 or the August base at $0.0000044. For a meaningful recovery, the token must reclaim $0.0000053, while overcoming $0.0000056 to $0.0000057 remains necessary for a sustained bullish shift.
A trader who purchased PONS early has realized a total profit of $2.81 million.
According to Arkham monitoring, the account linked to @sickassdude69 began buying PONS on the day after the token launched this July, when its market cap stood at roughly $628,000. The account executed 73 trades with a total investment of $249,400. It has now cashed out $509,400, still holds PONS worth approximately $2.55 million, with total profits of $2.81 million and a total return of 12.3 times.
8 minutes ago
Google launches Gemini Windows app, but initial version differs little from its web counterpart.
Beating AI News Flash: Google officially launches Gemini desktop app for Windows, supporting Windows 10 and 11 and available globally. Users can summon Gemini from any interface via the Alt + Space shortcut, eliminating the need to switch to a browser. The app integrates Gemini Spark, Gmail and Drive connectivity, as well as Nano Banana image generation and Gemini Omni video generation features. However, the launch version has limited desktop-specific capabilities. 9to5Google reports that its current interface is essentially the web version of Gemini with Notebooks and a history sidebar added. Google’s own documentation notes that the Mac version already supports screen content reading, cross-app voice input, and Spark’s local folder organization—all of which will be added to the Windows version in future updates.
8 minutes ago
Analyst: Bitcoin’s current demand is weak; if this fails to improve, it may enter a correction phase.
CryptoQuant analyst Darkfost noted in a recent post that Bitcoin’s current demand conditions are deteriorating, making it difficult for the cryptocurrency to sustain its current price levels. Data shows Bitcoin’s spot demand stands at negative 145,000 BTC, with the downward trend remaining stable; futures demand, while still positive at 74,500 BTC, has weakened significantly. Institutional investors, affected by the current macroeconomic environment, lack confidence in taking on Bitcoin risk, and the Coinbase Premium Index has dropped to -0.036, showing a clear negative trend. For ETF flows: Bitcoin, Ethereum, and Solana ETFs recorded net outflows of $282 million, $29.9 million, and $500,000 respectively, while XRP ETFs saw a net inflow of $5 million, leading to an overall net outflow of $308 million — the worst single-day performance for the sector in the past two months. If demand conditions fail to improve rapidly, the crypto market may enter a correction phase. Current macroeconomic and geopolitical news are the main drivers of market moves, and attention should also be paid to the impact of rapidly rising bond yields.
8 minutes ago
The Robinhood-associated stock meme coin AI has surpassed a $270 million market cap, rallying more than 37% in the last 24 hours.
According to GMGN market data, the crypto-stock meme coin Artificial Inu (AI) on the Robinhood Chain has crossed the $270 million market cap threshold, currently trading at $272 million, with a 24-hour gain of over 37% and a 24-hour trading volume of $25.6 million. Stock Meme is an emerging concept that directly combines traditional meme coins with tokenized U.S. stocks: instead of pairing with USDT or ETH, meme coins are traded directly against on-chain U.S. stock tokens (such as NVDA, TSLA, etc.). This model retains the high volatility and community-driven speculative nature of meme coins while leveraging the popularity and narratives of real stocks. Typically, a portion of transaction fees is funneled back to the community treasury to accumulate the corresponding U.S. stock tokens, forming a dual-driven model of "sentiment hype + real asset anchoring". Artificial Inu integrates narratives related to Shiba Inu, AI, and NVIDIA, and features a pairing mechanism with tokenized NVDA. BlockBeats reminds users that prices of related tokens are highly volatile, so investors should exercise caution.
8 minutes ago
Brent crude extends its losses, with the intraday drop widening to 3%.
According to Bitget market data, Brent crude oil has extended its losing streak, with the intraday decline widening to 3% and currently trading at $102.99 per barrel. WTI crude oil fell nearly 3% to $97.68 per barrel.
8 minutes ago
A whale spent $1.14 million to buy 4.97 million STONK tokens 4 hours ago.
According to Lookonchain monitoring, whale address 7GP6Bz spent 11,487 SOL (approximately $1.14 million) to purchase 4.97 million STONK 4 hours ago.
CryptoQuant analyst Darkfost noted in a recent post that Bitcoin’s current demand conditions are deteriorating, making it difficult for the cryptocurrency to sustain its current price levels. Data shows Bitcoin’s spot demand stands at negative 145,000 BTC, with the downward trend remaining stable; futures demand, while still positive at 74,500 BTC, has weakened significantly. Institutional investors, affected by the current macroeconomic environment, lack confidence in taking on Bitcoin risk, and the Coinbase Premium Index has dropped to -0.036, showing a clear negative trend. For ETF flows: Bitcoin, Ethereum, and Solana ETFs recorded net outflows of $282 million, $29.9 million, and $500,000 respectively, while XRP ETFs saw a net inflow of $5 million, leading to an overall net outflow of $308 million — the worst single-day performance for the sector in the past two months. If demand conditions fail to improve rapidly, the crypto market may enter a correction phase. Current macroeconomic and geopolitical news are the main drivers of market moves, and attention should also be paid to the impact of rapidly rising bond yields.
Leading cryptocurrencies dropped further on Thursday after hotter-than-expected producer inflation trimmed investors’ risk appetite.
Crypto Slide ContinuesBitcoin dipped below $77,000 as selling pressure accelerated. Ethereum meandered in the $2,400 region, with volume spiking 10% over the last 24 hours.
Cryptocurrency-related stocks also fell, with Strategy Inc. (NASDAQ:MSTR) and Bitmine Immersion Technologies Inc. (NYSE:BMNR) closing down 3.12% and 0.04%, respectively.
Over $450 million was liquidated from the cryptocurrency market in the last 24 hours, with $359 million in bullish long positions alone evaporated, according to Coinglass data.
Bitcoin’s open interest fell 0.47% over the last 24 hours and more than 8% over the week. "Greed" sentiment prevailed in the market, according to the Crypto Fear & Greed Index.
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The global cryptocurrency market capitalization stood at $2.66 trillion after a decline of 1.37% in the past 24 hours.
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Stocks Close Lower for 3rd Straight SessionStocks extended the decline on Thursday. The Dow Jones Industrial Average shed 405.41 points, or 0.77%, to end at 52,380.66. The S&P 500 closed 0.48% lower at 7,636.36, while the tech-focused Nasdaq Composite dropped 0.64% to close at 26,253.34.
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Producer prices rose 5.4% year-over-year in August, versus the 5.3% rate economists expected and accelerating from July’s 4.8% reading.
The hotter-than-expected print raised the odds of a rate cut at next week’s Fed meeting from 61% to 72% within 24 hours, according to the CME FedWatch tool.
More Losses for Late BTC Buyers?Michaël van de Poppe, a widely followed cryptocurrency analyst and trader, suggested that Bitcoin may not be the “biggest runner” for now, with more momentum expected in Ethereum.
He added that it’s a matter of time before ETH rises over $3,000.
On-chain analytics firm CryptoQuant noted that retail’s “Greed” sentiment is being “surgically used” as exit liquidity
“Whales and algorithms needed this euphoria to offload their lots, distributing coins onto the heads of late buyers,” the firm added.
CryptoQuant anticipated more corrections for those who bought the top.
@meshsdk has shipped a combined $ADA and $BTC wallet SDK, giving developers a unified interface for building across both the Cardano and Bitcoin networks. The release, funded through Cardano's community grant programme Project Catalyst, marks a meaningful step in cross-chain developer tooling from one of the ecosystem's most active open-source teams.
What the SDK Includes The new wallet extension builds on that foundation by adding Bitcoin support through a single developer interface. The package includes headless wallets, Bitcoin primitives for address and script handling that mirror those already familiar to Cardano developers, and full support for transaction and data signing across both chains. All code is released under the Apache 2.0 licence, with documentation published publicly.
On the Cardano side,
Catalyst Fund 14 Funding and Milestones The work sits under Mesh's Catalyst Fund 14 proposal, budgeted at 100,000 ADA. Four of the five milestones have received approved proof of achievement, with the fifth currently awaiting closeout. A total of 76,000 ADA has been released to date.
For developers already working with Mesh on Cardano, the Bitcoin extension lowers the cost of building multi-chain applications considerably, removing the need to maintain separate toolchains for each network.
Sources:
Mesh SDK: About
Project Catalyst: All Funds
PANews, September 11 - According to SoSoValue data, due to the U.S. August PPI exceeding expectations, the market's probability of the Federal Reserve raising interest rates in September has increased to 70%. Coupled with the European Central Bank's firm 25BP defensive rate hike, the crypto market sector has fallen again. The PayFi sector performed weakly, leading the decline with a 4.36% drop in 24 hours, among which Zcash (ZEC) fell 11.60%, Dash (DASH) fell 3.83%, and XRP fell 2.48%.
At the same time, Bitcoin (BTC) fell 1.53%, dropping below $77,000; Ethereum (ETH) fell 0.40%, dropping below $2,500.
In other sectors, the CeFi sector fell 1.26% in 24 hours, with Aster (ASTER) falling 5.17%; the Layer1 sector fell 2.47%, with Canton Network (CC) falling 5.22%; the DeFi sector fell 2.87%, but Raydium (RAY) bucked the trend and rose 26.19%; the Meme sector fell 3.39%, with MarsCoin (MARSCOIN) and Niu Lai (牛来) surging 18.95% and 42.86% respectively during the session; the Layer2 sector fell 4.14%, with Starknet (STRK) falling 8.16%.
Kripto para piyasasında satış baskısı yeniden güç kazanırken, yatırımcıların risk iştahında belirgin bir zayıflama görülüyor. Bitcoin 77.000 doların altına gerilerken, altcoinlerde kayıpların daha sert olması piyasa genelindeki tedirginliği artırdı. Özellikle Zcash, HYPE, Dogecoin, XRP ve Solana cephesindeki düşüşler dikkat çekerken, birçok büyük kripto para günü negatif bölgede tamamladı. Piyasalardaki hareketliliğin merkezinde ise ABD’den gelecek enflasyon verileri, yükselen tahvil getirileri ve Federal Rezerv’in yaklaşan faiz kararı bulunuyor.
Bitcoin ve Altcoinlerde Satış Baskısı Arttı Bitcoin son 24 saatte yaklaşık yüzde 2 değer kaybederek 77.000 dolar seviyesinin altına inerken, satış baskısı altcoin piyasasında çok daha belirgin hissedildi. Zcash yaklaşık yüzde 12’lik sert kayıpla düşüşlere öncülük ederken, HYPE yüzde 7 civarında geriledi. Dogecoin yaklaşık yüzde 6 değer kaybederken, XRP ve Solana’da da yüzde 3 civarında düşüş görüldü. Büyük kripto paralardaki eş zamanlı geri çekilme, yatırımcıların piyasadaki belirsizlikler karşısında daha temkinli hareket ettiğine işaret ederken, Bitcoin’in kritik destek seviyelerine yaklaşması altcoinler üzerindeki baskının devam edip etmeyeceği konusunda da önem taşıyor.
İlginizi Çekebilir: Altcoinlerde Ralli Neden Hala Gelmedi? Bu Sinyal Bekleniyor
Piyasalardaki tedirginliğin merkezinde ABD Merkez Bankası’nın yaklaşan faiz kararı yer alıyor. Üretici fiyatlarında görülen yükseliş ve ABD tahvil getirilerindeki sert hareket, yatırımcıların Fed’in para politikasında daha şahin bir tutum sergileyebileceği beklentisini güçlendirdi. Özellikle enflasyon baskılarının yeniden gündeme gelmesi, faizlerin daha uzun süre yüksek kalabileceği endişelerini artırıyor. Faiz vadeli işlemlerinde Fed’in 15-16 Eylül toplantısında faiz artırma ihtimalinin yaklaşık yüzde 70 seviyesine yükselmesi de piyasalardaki risk iştahını zayıflattı. Bu beklentiler Bitcoin başta olmak üzere kripto paralar ve diğer riskli varlıklar üzerindeki satış baskısının güçlenmesine neden oldu.
Bitcoin İçin Kritik Destek Seviyesi Gündemde Bitcoin’in mevcut seviyelerden daha fazla gerileyip gerilemeyeceği konusunda teknik göstergeler yakından takip ediliyor. Bitget analisti Lewis Huang, Bitcoin açısından 76.270 dolar seviyesinin kritik olduğunu belirtti. Huang konuya ilişkin şu değerlendirmeyi yaptı:
“76.270 dolar önemli bir teknik destek seviyesidir.”
Bitcoin, Ağustos ayındaki yükseliş hareketinin başlamasından bu yana bu seviyenin altında işlem görmedi. Bu nedenle söz konusu desteğin korunup korunamayacağı kısa vadeli fiyat yönü açısından kritik olabilir. ABD spot Bitcoin ETF’lerinden çarşamba günü yaklaşık 120 milyon dolarlık çıkış gerçekleşmesi de satış baskısına katkıda bulundu. Buna karşılık aynı gün Ether, XRP ve Solana fonlarına sermaye girişi görülmesi dikkat çekti. Petrol fiyatlarındaki yükseliş ve ABD tahvil getirilerindeki artış da kripto piyasasının karşı karşıya olduğu makroekonomik baskıyı artırıyor.
LMAX Group piyasa stratejisti Joel Kruger, “Piyasalar zaten daha şahin bir Fed ve muhtemel bir faiz artışı için konumlanmış” değerlendirmesinde bulundu.
Değerlendirme Bitcoin’in 77.000 doların altına gerilemesiyle birlikte kripto para piyasasında kritik bir sürece girildi. Özellikle 76.270 dolar desteğinin kaybedilmesi halinde satış baskısının güçlenmesi ve Bitcoin’de daha düşük seviyelerin gündeme gelmesi mümkün olabilir. Altcoinlerde Bitcoin’e kıyasla daha sert kayıpların görülmesi ise yatırımcıların riskli varlıklara karşı temkinli hareket ettiğini gösteriyor. Önümüzdeki süreçte Fed’in faiz kararı, ABD enflasyon verileri, tahvil getirilerindeki hareketlilik ve spot Bitcoin ETF’lerindeki para akışları yakından takip edilecek. Bu gelişmeler, kısa vadede hem Bitcoin’in hem de altcoin piyasasının yönünü belirleyen temel faktörler arasında yer alacak.
Son Dakika kripto para haberleri için hemen tıkla.
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Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Ahead of Friday’s US Consumer Price Index (CPI) release, the bond market moved first: the 10-year US Treasury yield rose to 4.943%, and the probability of a Federal Reserve rate hike next week climbed to 71%. Surging oil prices and inflation pressures have sparked market concerns that the Fed may re-tighten monetary policy. US stock investors thus need to simultaneously cope with bond market pressure, persistent inflation, war-driven higher oil prices, and uncertainty over the Fed’s interest rate path. According to HTX market data, the crypto market continues its correction: Bitcoin fell below $77,000, trading at $76,700; Ethereum is at $2,440; BNB at $710.5; SOL at $99.03; ZEC at $1,083, down 13.6% in 24 hours. The total crypto market cap dropped 0.9% in 24 hours to $2.727 trillion. Leading altcoin movers include: Niu Lai (up ~39% in 24h, at $0.1074); SAGA (up ~27%, at $0.01793); RAY (up ~16%, at $1.451); IOST (down ~46%, at $0.000991); RVN (down ~23%, at $0.0023); KAT (down ~20%, at $0.00485). Per BIT (bit.com) market data, US stocks closed Thursday with the Dow Jones down 0.6%, S&P 500 down 0.58%, and Nasdaq down 0.65%. Nvidia (NVDA.O) fell 2.2%, Intel (INTC.O) dropped 5.5%, SK Hynix (SKHY.O) slid 5.2%, while Apple (AAPL.O) rose 3.5%. Spot gold came under pressure, falling nearly 2%, and silver dropped over 5%. Oil prices surged more than 6% on Thursday, with both WTI and Brent crude futures rising above $100 per barrel.
Bitcoin (BTC): Bitcoin is correcting around $77,300 after failing above $80,000–$81,000, with $76,000–$77,000 acting as key support while short-term momentum weakens.
Ethereum (ETH): Ethereum is consolidating around $2,441 below $2,500–$2,560 resistance, while holding $2,360–$2,400 keeps its August breakout structure intact.
XRP (XRP): XRP is testing critical $1.33–$1.36 support after losing momentum from its August rally, with a break below $1.33 potentially opening a deeper correction toward $1.24.
Shiba Inu (SHIB): Shiba Inu has broken its rising trendline and is testing $0.0000049–$0.0000050 support, with weak momentum leaving the token vulnerable to a return toward $0.0000046–$0.0000044.
Bitcoin is set for a correctionAfter failing to break above the $80,000–$81,000 range, Bitcoin is about to enter a brief correction. On the daily chart, BTC is trading at about $77,300, continuing a series of lower highs from the most recent peak above $81,000. Bond yields and oil prices have increased significantly ahead of U.S. inflation statistics and the Federal Reserve's decision next week.
BTC/USDT Chart by TradingViewIn technical terms, the correction is still quite limited. The closest dynamic support for Bitcoin is located around $75,967, and the major moving averages — roughly $72,863, $70,675, and $70,417 — remain significantly lower.
This indicates that despite the most recent selling, the August breakout structure remains valid. However, momentum has significantly decreased. After entering overbought territory, the RSI has dropped to about 55.5. More significantly, the RSI is currently below its signal average, which is close to 66, indicating that the impulse that drove the August rally has subsided.
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Therefore, the immediate level to watch is the $76,000–$77,000 range. If it were lost, $72,800–$73,000 would be exposed, where there is more robust dynamic support.
On the other hand, recovering $79,000 would give Bitcoin another chance to target $80,000–$82,000. According to current market data, a significant short-term support region is approximately $77,000.
Can Ethereum return stronger?Ethereum's post-breakout position is still strong, but it is displaying a very similar structure. Following its dramatic August move from roughly $1,900 to above $2,500, ETH is currently trading at $2,441 on the provided chart. The key difference is that Ethereum is still well above its major moving averages.
ETH/USDT Chart by TradingViewLonger-term averages cluster around $2,190, $2,148, and $2,115, while the closest dynamic support is at $2,362. As a result, the August breakout structure is still intact. Below the $2,500–$2,560 resistance range, ETH has begun to consolidate.
After a 37% increase, Reuters also notes that the current structure may be a bull flag, with the bullish setup significantly weakening below roughly $2,350–$2,360. A portion of the excess created by the vertical August rally has been eliminated as the RSI has cooled to about 58 from overbought levels.
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However, weakening short-term momentum is indicated by the declining RSI and repeated failures around $2,500. The constructive structure would be maintained if $2,400–$2,360 were held.
A daily close below about $2,350 would seriously damage the current setup, whereas a breakout above $2,560 could reopen $2,600 and eventually higher resistance levels. U.S. macro conditions, with the CPI due on Friday, may dictate which side of this consolidation breaks first.
XRP under scrutinyAfter losing steam following the August breakout, XRP is now testing one of the most significant technical areas on its daily chart. The asset is currently trading at $1.36, which is significantly below the local peak above $1.50 and down about 2.3% on the day.
The cluster of support immediately beneath the price is the crucial factor. While the shorter dynamic average is at $1.337, XRP is nearly exactly on the long-term moving average at $1.355. As a result, the immediate battlefield is the $1.33–$1.36 area. The August rally significantly altered the structure of XRP.
XRP/USDT Chart by TradingViewThe price surged from about $1.00, surpassed all major moving averages, and momentarily reached $1.70. However, buyers were unable to sustain momentum above $1.50. Since then, XRP has set a series of lower highs, including $1.45, $1.43, and $1.41.
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The loss of momentum is confirmed by the RSI. While its signal average is still around 60.8, it has dropped to about 53.5. Since this is still neutral rather than oversold territory, XRP may decline further before traditional momentum indicators point to exhaustion.
The post-breakout structure would be significantly weakened and a correction toward $1.24 could begin if the daily close fell below $1.33. The next significant moving average appears at about $1.21 below that.
Recovering $1.40–$1.42 is the first prerequisite for bulls. The recent $1.52–$1.55 highs would become relevant again if there were a break above $1.45.
Will Shiba Inu survive the pressure?Shiba Inu looks more vulnerable. After declining by about 3.2%, SHIB is currently trading close to $0.00000509. The most recent decline broke below the rising trendline that had supported the token's recovery since late August. After bouncing from roughly $0.0000044, SHIB had established a recognizable sequence of higher lows, which makes that trendline failure significant.
SHIB/USDT Chart by TradingViewBefore sellers took back control, the structure pushed the token in the direction of $0.0000055. A dense moving-average cluster has now been reached by the price. Nearby averages are shown on the chart at $0.00000517, $0.00000504, and $0.00000494. As a result, the $0.0000049–$0.0000050 zone represents the most obvious immediate support.
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Additionally, momentum has declined. The RSI is currently at 48.2, which is below both its signal average of 54.8 and the neutral 50 level. Buyers currently have little momentum advantage, in contrast to the August surge.
The biggest barrier is still located between $0.00000565 and $0.00000570, where SHIB's long-term moving average is still declining. During the August spike, the price was unable to establish itself above this region.
SHIB may return to $0.0000046 and ultimately the August base around $0.0000044 if $0.0000049 fails. A sustained move above $0.0000056–$0.0000057 is required for SHIB to produce a more convincing bullish structural change, but recovering $0.0000053 would improve the short-term picture.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
In the first week of September, Bitcoin (CRYPTO: BTC) traded in a tight range while XRP (CRYPTO: XRP), Solana (CRYPTO: SOL) and Dogecoin (CRYPTO: DOGE) outperformed as leverage shifted towards altcoins ahead of a busy macro week.
Why Is BTC Rangebound?Bitcoin has traded between $77,100 and $81,300 over the past 20 trading sessions, with most recent activity concentrated near the middle of the range.
The $77,100 level is now key support making it one of Bitcoin’s highest-volume trading levels of 2026. It is also where BTC broke down in May.
A drop below could weaken the medium-term uptrend. A break above $81,300 could quickly push Bitcoin toward $86,500.
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Bitcoin has seen little trading between $81,300 and $86,500, creating a potential "volume vacuum," Bitfinex said on Sept. 9
Selling pressure has also been well absorbed, with aggregate Spent Output Profit Ratio, near 1.002, indicating Bitcoin is broadly changing hands around break-even.
About 69%-71% of Bitcoin’s supply is in profit, still below the 74.7% level that has historically signaled a shift from bear to bull market.
That suggests the current move remains a bear-market relief phase until the threshold is decisively crossed.
XRP, SOL, DOGE Join Altcoin RotationBitcoin’s subdued volatility has created a much different environment across the broader crypto market.
All 29 of the largest liquid crypto pairs gained between Sept. 1 and Sept. 8, delivering a median return of 10.2% compared with Bitcoin’s 1.4% gain.
Dogecoin climbed 10.3%, while XRP gained 4.9% and Solana advanced 3.4%. Ethereum (CRYPTO: ETH) rose 2.8%.
Polkadot led major altcoins with a 43% surge, followed by Zcash at 42%, Kaspa at 28.8%, Near at 23% and Bittensor at 17.4%.
The rotation pushed Bitcoin dominance down from 60.4% to 59.2% since the beginning of September.
More importantly, aggregate open interest in altcoin perpetual futures surpassed Bitcoin open interest this week for the first time since December 2024.
The combination of sideways Bitcoin prices, neutral funding and rising altcoin leverage has historically created favorable conditions for speculative capital to move further out on the risk curve.
But that comes with a warning.
A similar setup emerged in December 2024 when altcoin open interest overtook Bitcoin’s. A subsequent market decline triggered $1.7 billion in liquidations in a single day, with altcoins accounting for 91% of the positions wiped out.
That makes the current rise in altcoin breadth both an indication of improving risk appetite and a potential leverage warning.
One hundred and three of the 125 largest non-stablecoin tokens were lower on the day after August producer prices came in at 0.4% and the 30-year Treasury yield passed every close of the past five years. Bitcoin traded at $77,120. Ether.fi rose 14.2% on a buyback vote that closed a week ago.
Almost every large crypto token fell through the overnight sessions and into Thursday's U.S. open, as an oil shock drove long-dated Treasury yields to multi-year highs and traders raised the odds of a Federal Reserve rate increase next week to 64%.
Traders put a quarter-point September increase at 52.5% at 8 a.m. ET. The Bureau of Labor Statistics published August producer prices at 8:30 a.m. The same contract traded at 62.5% by 11 a.m. and 63.5% by early afternoon. Brent crude, up 11.7% in eight sessions, sits underneath both the inflation print and the yield move.
Bitcoin last changed hands at $77,120, down 2.1% over 24 hours and 5.1% over seven days, after trading between $76,748 and $78,774, CoinGecko data shows. Ether was at $2,448.88, down 1.9% on the day and 2.7% on the week. XRP fell 4.8% to $1.35; Solana declined 3.6% to $99.69; BNB dropped 4.4% to $708.37. Total crypto market value stood at $2.64 trillion on $94.2 billion of volume, with bitcoin dominance at 58.5%.
Five Tankers And $106 BrentBrent crude traded at $106.83 a barrel on Thursday afternoon, up 5.6% on the day and its highest level since May 19. The contract has risen 11.7% since Sept. 2, when it settled at $95.63.
U.S. Central Command said on Sept. 8 that its forces "destroyed five Iranian crude oil carriers, Sept. 8, after the Islamic Revolutionary Guard Corps (IRGC) targeted a U.S. Navy warship with ballistic missiles twice over the past two days," according to the command's public release. The release names the M/T Kaviz, M/T Charminar, M/T Horizon 1, M/T Riesco and M/T Derya. It places four of the strikes in the Gulf of Oman and one near Kharg Island, and says crews were directed to abandon ship before the vessels were hit. It does not mention the Strait of Hormuz. A Sept. 5 release describes three earlier tanker strikes.
The U.S. Maritime Administration published advisory 2026-011 on Sept. 9, stating that "Iran continues to threaten and conduct strikes on commercial vessels transiting the Persian Gulf, Strait of Hormuz (SoH) and Gulf of Oman." The advisory replaced 2026-004, which expired the same day, so it is a scheduled six-month renewal rather than a response to this week's strikes.
The Energy Information Administration's Weekly Petroleum Status Report for the week ending Sept. 4 publishes at 12 p.m. ET Thursday, delayed from Wednesday by the Sept. 7 federal holiday, according to the agency. The most recent report, for the week ending Aug. 28, recorded commercial crude inventories down 4.5 million barrels to 424.5 million. It predates both sets of strikes.
Producer Prices Move The CurveThe Bureau of Labor Statistics reported that "the Producer Price Index for final demand moved up 0.4 percent in August, seasonally adjusted," against 0.1% in July and a 0.1% decline in June, in its Sept. 10 release. Final demand prices rose 5.4% over 12 months. Core prices, excluding foods, energy and trade services, rose 0.3% on the month and 4.7% over the year.
"The figures reinforced concerns that inflation remains persistent, particularly given the combination of elevated oil prices and a labour market that has proved to be more robust than anticipated," said Thadeu Dos Santos, regional director at brokerage Infinox, in commentary sent to The Defiant on Thursday morning.
Bond yields went with it. The 10-year Treasury yield reached 4.92% on Thursday, its highest since Oct. 25, 2023. The 30-year reached 5.34%, above every daily close of the past five years. Treasury's official daily curve put the 10-year at 4.83% and the 30-year at 5.28% at Wednesday's close, both the highest readings of the month.
Polymarket priced a quarter-point increase at the Sept. 15-16 FOMC meeting at 63.5% and no change at 36.5%, with a half-point or larger increase at 0.85% and a quarter-point cut at 0.35%, on $113 million of volume across the event. The quarter-point increase contract alone has traded $21.6 million. That contract was at 41.5% on Sept. 3 and first crossed 50% on Sept. 4. The Defiant reported on Aug. 31 that traders had made a September increase the favorite, when the same contract was at 55.5%.
The European Central Bank's Governing Council "decided to raise the three key ECB interest rates by 25 basis points" on Thursday, taking the deposit facility to 2.50%, the main refinancing operations rate to 2.65% and the marginal lending facility to 2.90%, effective Sept. 16, according to the decision.
Equities and gold also fell. The S&P 500 traded at 7,606 on Thursday afternoon, down 0.4% from Wednesday's close, and the Nasdaq Composite at 26,163, down 0.3%. Gold was at $4,405 an ounce, down 1.3%.
Breadth Goes One WayOne hundred and three of the 125 largest non-stablecoin tokens fell over 24 hours, 21 rose and one was unchanged, measured from a single snapshot at 1:10 p.m. ET. The count excludes stablecoins, wrapped assets and liquid-staking derivatives.
The decline concentrated in the mid-caps. Bitcoin fell 2.1% and ether 1.9%, while each of the ten largest decliners among the 150 biggest tokens fell more than 10%.
DeFi total value locked declined 1.6% over 24 hours to $87.13 billion, DefiLlama data shows, from $88.54 billion on Wednesday. It is still 1.9% higher than a week ago. Stablecoin supply barely moved, at $311.83 billion against $311.98 billion on Wednesday, for a 0.37% gain over seven days and 1.67% over 30 days — about $1.2 billion of net issuance on the week, or 0.4% of supply.
The Crypto Fear & Greed Index read 69, or greed, on Thursday, up from 66 on Wednesday and down from 74 on Sept. 4, according to Alternative.me. The index has not left greed since Aug. 20.
ETFs Take Money OutU.S. spot bitcoin ETFs recorded $120.2 million of outflows on Wednesday and $46.6 million on Tuesday, according to Farside Investors. Thursday's figures publish after the U.S. close. The two days follow $174.6 million of inflows on Sept. 4 and $730.8 million on Sept. 3.
Spot ether ETFs took in $2.1 million on Wednesday after $24.3 million of outflows on Tuesday. Neither complex traded Monday, a federal holiday.
Buybacks Bid Ether.fiTokenPrice24h7dApe and Pepe (APEPE)$0.00000143+20.4%+23.0%Ether.fi (ETHFI)$0.6920+14.2%+15.5%Falcon Finance (FF)$0.1652+9.8%+65.2%Provenance Blockchain (HASH)$0.008454+5.9%+4.8%Bitway (BTW)$0.4755+5.8%+0.8%VeChain (VET)$0.008010+4.1%+16.3%The ether.fi DAO approved a proposal titled "Programmatic ETHFI Buybacks & Ecosystem Growth" in a Snapshot vote that opened Aug. 30 at 01:31 UTC and closed Sept. 3 at 01:31 UTC. It carried 1,141,999 votes for, none against and none abstaining, according to the proposal record. The text commits the foundation to buying ETHFI on a weekly cadence through automated TWAPs and states that "no new ETHFI is minted and circulating supply does not increase from this proposal."
Ether.fi has not published an execution date. Its blog carries no post since Aug. 13. The buyback program page records no completed purchases and no schedule. Whether any ETHFI has been bought under the mandate is unverified.
Ether.fi's total value locked fell to $4.87 billion on Thursday from $4.97 billion on Sept. 7, DefiLlama data shows, a 2% decline over three days. ETHFI gained 15.5% over the same week.
Falcon Finance's FF has the widest gap between price and collateral on the list. Its total value locked has held within 0.1% of $1.176 billion since Aug. 28 while FF rose 65.2% over seven days. Falcon's own news page carries nothing since Aug. 31.
VeChain's chain TVL rose to $1.58 million on Thursday from $1.22 million on Sept. 5. Against a $688 million market value, the DeFi footprint is too small to account for the move. VeChain's blog has published nothing since Aug. 6.
Ape and Pepe, the day's largest gainer, turned over $16 million against a $301 million market value, a 5% ratio. No project announcement accompanied the move.
Laptop Loses Two-ThirdsTokenPrice24h7dHunter Biden's Laptop (LAPTOP)$0.6088-64.9%0.0%Pump.fun (PUMP)$0.003828-20.1%-14.6%Pons (PONS)$0.5862-17.1%-1.3%Starknet (STRK)$0.028880-14.1%+5.0%Dash (DASH)$55.75-13.5%+17.4%Bitcoin Cash (BCH)$226.75-12.3%-12.2%Plasma (XPL)$0.085590-11.8%-8.5%Jupiter (JUP)$0.222724-11.3%-5.4%Zcash (ZEC)$1,132.09-11.2%+18.3%Bonk (BONK)$0.00000268-10.6%-16.2%Hunter Biden's LAPTOP fell for a second day, losing 64.9% over 24 hours to $0.6088 and a $212 million market value. The Defiant covered the token's Sept. 9 launch.
Buyers outnumbered sellers as it fell. The three LAPTOP/USDC pools on Base recorded roughly 10,700 buys against 6,700 sells in the deepest pool and 13,200 against 10,400 in the smallest, on total pool liquidity of $1.33 million. The token's site shows zero tokens burned and zero dollars sent to charity. It has published no statement since launch.
Pons was the third-largest decliner, five days after reaching a record $0.971 on Sept. 5. Pons said on Sept. 3 that Uniswap Labs had bought PONS "for long-term alignment," without disclosing the size, price or wallet, which The Defiant reported. UNI fell 9.6% on Thursday alongside it. Pons' homepage carries an undated notice that "we are upgrading the backend ahead of a new rollout" and that "launches and market data may load slowly or read out of date."
Pump.fun's revenue rose while its token fell. Daily fees reached $1.41 million on Wednesday, the highest since Sept. 1 and 10.9% above Tuesday, according to DefiLlama, as PUMP dropped 20.1%. The protocol let creators launch coins priced in tokenized stocks on Wednesday, which The Defiant covered, and the token has fallen through the announcement.
The privacy names that ran hardest gave back the most. Dash fell 13.5% while holding a 17.4% weekly gain built around DashCon 2026 on Sept. 3, its first conference since 2019. Zcash fell 11.2% against an 18.3% week. Monero, which did not run, fell 0.5%.
Bitcoin Cash and Uniswap have no token-specific catalyst. "Bitcoin Cash" appears in six filings on the SEC's full-text search between Sept. 4 and Sept. 10, all fund prospectuses or corporate filings that mention the token in a list. None is an action on it. Uniswap's blog has published nothing since Aug. 24 and its Snapshot space has carried no proposal since July 26. Its daily fees have run between $6.89 million and $8.29 million every day this month, and rose to $7.81 million on Wednesday from $7.43 million on Tuesday, DefiLlama data shows.
Prices and market data as of 1:10 p.m. ET on Sept. 10, 2026. CoinGecko's aggregate 24-hour change in total crypto market value read -4.93% at the same moment, a figure inconsistent with its own component data, and is omitted.
Bitcoin posted a sharp downturn following a higher-than-expected reading in the US Producer Price Index, which reignited concerns about prolonged restrictive monetary policy from the Federal Reserve. The cryptocurrency fell by $1,200 to below $77,000, with over $190 million in long positions liquidated within 60 minutes, according to crypto market analysts at Bull Theory. The sudden move underscored the growing impact of macroeconomic data and leverage on Bitcoin’s price swings.
PPI rise stirs inflation worries ahead of Federal Reserve meetingData from the Bureau of Labor Statistics showed the US Producer Price Index climbed 0.4% month-over-month in August. Annual producer inflation accelerated to 5.4%, running just above the 5.3% consensus from economists surveyed by The Wall Street Journal. Higher PPI readings often signal building inflationary pressure, as producer-level costs can eventually pass through to consumers.
The timing of the report comes just days before the Federal Reserve’s policy meeting in September. Investors viewed the hotter annual figure as confirmation that the central bank may face limited flexibility in loosening policy soon. Rising yields and tighter financial conditions continue to challenge risk assets like Bitcoin, which have historically benefitted from looser monetary environments.
These macro events have also pushed traditional players to seek new approaches. While traditional markets depend on layers of intermediaries, a significant transition is underway: Wall Street is moving into Web3. Investors now use platforms such as 1stepSwap, which enable holding tokenized shares of major American companies, gold, and silver directly in crypto wallets. By transforming Real-World Assets into tokens and automating the search for optimal pricing, 1stepSwap removes the need for traditional middlemen and offers rapid execution.
Liquidations deepen Bitcoin volatilityAfter the PPI numbers were released, Bitcoin’s sharply lower price triggered a cascade of long liquidations totaling over $190 million in just one hour. Analysts noted that forced liquidations can amplify price moves when positions are heavily leveraged and concentrated on one side of the market. When margin calls are triggered, exchanges auto-close positions, which heightens volatility during fast-moving sessions.
Analysts at Bull Theory reported that cascading liquidations following the PPI report sent Bitcoin down by roughly $1,200, dropping below the key $77,000 support area and resulting in more than $190 million in long positions being closed in an hour.
Such events highlight how macroeconomic data and leverage exposure interact in the cryptocurrency market. Observers have pointed out that when leverage is crowded on the long side, even moderate price movements can accelerate downside moves, causing further volatility beyond day-to-day trading ranges.
Key inflation signals still ahead for BitcoinMarket attention now shifts to upcoming data releases. The Bureau of Labor Statistics plans to publish the August Consumer Price Index on September 11, ahead of the Federal Reserve’s meeting. The CPI report is expected to influence policy expectations. If inflation remains firm, risk assets like Bitcoin could face continued selling pressure; a softer reading might limit further downside.
BTC traders are watching the $77,000 to $78,000 range as a key support area in the short term. A decisive break below those levels could imperil further bullish sentiment. Market participants also cite ongoing spot demand, ETF inflows, and shifts in Treasury yields as factors likely to determine the direction of Bitcoin’s next move.
Institutional involvement has tightened the link between Bitcoin and broader macro market trends, making financial data such as CPI and producer inflation directly relevant for crypto price action.
As volatility persists, analysts emphasize the importance of monitoring global financial conditions, position sizing, and leverage in assessing market risk. The immediate focus remains on whether the PPI-driven drop will stabilize or if coming data will deepen pressure on digital assets.
Bitcoin slid below $80,000 on September 10, marking its fourth straight session in the red. The largest cryptocurrency by market cap traded between $76,000 and $78,500 throughout the day, touching an intraday low near $76,663.
That puts Bitcoin roughly 39% below its October 2025 high of $126,000, and firmly back in the middle of a trading range that has defined most of 2026. Since February, the asset has oscillated between $60,000 and $80,000, with the upper boundary proving stubbornly difficult to crack.
A perfect storm of macro headwinds The selloff didn’t happen in isolation. Oil prices surged past $105 per barrel as tensions in the Middle East escalated again, dragging risk assets into a defensive posture across the board.
Meanwhile, US inflation data came in hotter than expected, raising the odds of another Federal Reserve interest rate hike.
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Higher rates increase the opportunity cost of holding non-yielding assets like Bitcoin. When Treasury yields climb, capital tends to rotate toward safer, income-generating instruments.
The $80,000 level has functioned as a ceiling for weeks now. Bitcoin encountered a notable rejection around $81,500 in late August, and every subsequent attempt to push through has fizzled.
ETF flows tell a bearish story Institutional sentiment hasn’t been encouraging either. Spot Bitcoin ETFs recorded approximately $166.8 million in outflows over a recent two-day stretch, suggesting that even the traditionally steadier institutional cohort is trimming exposure.
Liquidation data underscored the pain. Over one 24-hour period, forced liquidations across crypto markets exceeded $386 million. That figure captures traders whose leveraged positions were automatically closed as prices moved against them, a process that tends to accelerate selloffs because each liquidation adds selling pressure that triggers more liquidations.
The bigger picture since the 2025 peak Zooming out, Bitcoin’s current predicament looks like a prolonged cooldown from its October 2025 peak of $126,000. That high was driven by a confluence of post-halving momentum, ETF inflow euphoria, and broadly improving macro conditions at the time.
The $60,000 to $80,000 range that has held since February represents a roughly 25% band.
What investors should be watching For Bitcoin specifically, the $76,000 area appears to be the next meaningful support zone. A break below that could open the door to a test of the lower end of the multi-month range near $60,000, which would represent another 20%-plus decline from current levels.
The ETF flow picture will be critical to monitor as well. The $166.8 million in recent outflows is notable but not yet alarming in the context of the billions these products hold.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
In brief Bitcoin fell 1.22% today to $77,323, unable to extend last week's push above $80,000 as broader markets sold off on inflation fears. Bitcoin's 50-day EMA is inches from crossing above its 200-day EMA—a golden cross projected to confirm around September 11. If it happen, it would be the first golden cross since the death cross of November 2025. It was a rough day to be an investor in risk assets. The S&P 500 dropped 0.59%, the Nasdaq fell nearly 1%, and Bitcoin gave back some of its recent gains as August's Producer Price Index came in hotter than expected, reviving fears the Federal Reserve might hike rates rather than cut them.
In general terms, almost 85% of all crypto assets today in the top 100 by market cap have lost ground in the last 24 hours. Oil pushing above $100 a barrel amid ongoing U.S.-Iran tensions isn't helping the inflation math either. Treasury yields spiked to multi-year highs on the news, squeezing anything that isn't a Treasury bond.
Myriad: Bitcoin's next move? Click to make your prediction.With Friday's Consumer Price Index report and the Fed's September 15 meeting both looming, markets are bracing for more volatility before the week is out.
It may look dicey in the near term, but investors who zoom out will find that, on the Bitcoin chart at least, there's a pattern beginning to form that's been historically a very bullish signal.
Bitcoin price: What the charts sayBitcoin opened today at $78,282 and touched an intraday high of $78,526 before sellers took over, dragging the price of BTC down to a low of $76,651. It is currently trading at $77,323, down $959, or 1.22%, on the day.
That's a pullback from last week's rally above $80,000, but zoom out and the bigger picture still looks constructive—Bitcoin remains up sharply from its August lows near $64,000.
Bitcoin price data. Image: TradingviewThe Average Directional Index, or ADX, which measures how strong a trend is regardless of direction, sits at 45.8—well above the 25 threshold traders use to confirm a real trend is in place. That's a strong reading, and combined with the Relative Strength Index at 55.6—comfortably in bullish territory without flashing overbought—it suggests the recent uptrend still has some gas left, even after today's red candle.
The moving averages remain in a technically bearish setup for now, with the 50-day EMA still trading below the 200-day EMA. But that gap has nearly closed. The crossover—known as a golden cross, when the shorter-term average overtakes the longer-term one—is projected to confirm in the next couple of days unless something really bad happens.
It would be Bitcoin's first golden cross since November 2025's bearish crossover kicked off the current cycle's drawdown.
The Squeeze Momentum Indicator is “on,” which is a classic sign that volatility is compressing before a bigger move, up or down. If the stars align and Bitcoin maintains its bullish trend, the compression may break to the upside, confirming the golden cross.
Why the golden cross matters more than today's dipA single red day driven by a macro inflation surprise doesn't erase a multi-week uptrend, and today's selloff hit stocks just as hard as crypto. What's different for Bitcoin is the moving-average setup building underneath the price action.
U.S. spot Bitcoin ETFs pulled in $3.8 billion in net inflows over the past three weeks, their strongest stretch of 2026, with total net assets reaching $101.3 billion—a sign institutional demand hasn't slowed even as the asset digests today's macro-driven pullback.
Still, traders shouldn't treat a golden cross as a guarantee. It's a lagging indicator built off past price data, and history shows it has occasionally reversed within weeks of forming. With Friday's CPI print and next week's Fed decision both still ahead, Bitcoin's next major move is more likely to be dictated by whether inflation data cools off than by where two moving average lines happen to intersect.
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
In brief Bitcoin fell 1.22% today to $77,323, unable to extend last week's push above $80,000 as broader markets sold off on inflation fears. Bitcoin's 50-day EMA is inches from crossing above its 200-day EMA—a golden cross projected to confirm around September 11. If it happen, it would be the first golden cross since the death cross of November 2025. It was a rough day to be an investor in risk assets. The S&P 500 dropped 0.59%, the Nasdaq fell nearly 1%, and Bitcoin gave back some of its recent gains as August's Producer Price Index came in hotter than expected, reviving fears the Federal Reserve might hike rates rather than cut them.
In general terms, almost 85% of all crypto assets today in the top 100 by market cap have lost ground in the last 24 hours. Oil pushing above $100 a barrel amid ongoing U.S.-Iran tensions isn't helping the inflation math either. Treasury yields spiked to multi-year highs on the news, squeezing anything that isn't a Treasury bond.
Myriad: Bitcoin's next move? Click to make your prediction.With Friday's Consumer Price Index report and the Fed's September 15 meeting both looming, markets are bracing for more volatility before the week is out.
It may look dicey in the near term, but investors who zoom out will find that, on the Bitcoin chart at least, there's a pattern beginning to form that's been historically a very bullish signal.
Bitcoin price: What the charts sayBitcoin opened today at $78,282 and touched an intraday high of $78,526 before sellers took over, dragging the price of BTC down to a low of $76,651. It is currently trading at $77,323, down $959, or 1.22%, on the day.
That's a pullback from last week's rally above $80,000, but zoom out and the bigger picture still looks constructive—Bitcoin remains up sharply from its August lows near $64,000.
Bitcoin price data. Image: TradingviewThe Average Directional Index, or ADX, which measures how strong a trend is regardless of direction, sits at 45.8—well above the 25 threshold traders use to confirm a real trend is in place. That's a strong reading, and combined with the Relative Strength Index at 55.6—comfortably in bullish territory without flashing overbought—it suggests the recent uptrend still has some gas left, even after today's red candle.
The moving averages remain in a technically bearish setup for now, with the 50-day EMA still trading below the 200-day EMA. But that gap has nearly closed. The crossover—known as a golden cross, when the shorter-term average overtakes the longer-term one—is projected to confirm in the next couple of days unless something really bad happens.
It would be Bitcoin's first golden cross since November 2025's bearish crossover kicked off the current cycle's drawdown.
The Squeeze Momentum Indicator is “on,” which is a classic sign that volatility is compressing before a bigger move, up or down. If the stars align and Bitcoin maintains its bullish trend, the compression may break to the upside, confirming the golden cross.
Why the golden cross matters more than today's dipA single red day driven by a macro inflation surprise doesn't erase a multi-week uptrend, and today's selloff hit stocks just as hard as crypto. What's different for Bitcoin is the moving-average setup building underneath the price action.
U.S. spot Bitcoin ETFs pulled in $3.8 billion in net inflows over the past three weeks, their strongest stretch of 2026, with total net assets reaching $101.3 billion—a sign institutional demand hasn't slowed even as the asset digests today's macro-driven pullback.
Still, traders shouldn't treat a golden cross as a guarantee. It's a lagging indicator built off past price data, and history shows it has occasionally reversed within weeks of forming. With Friday's CPI print and next week's Fed decision both still ahead, Bitcoin's next major move is more likely to be dictated by whether inflation data cools off than by where two moving average lines happen to intersect.
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
Bitcoin declined by 1.22% today, trading at $77,323, after failing to sustain last week’s momentum above the $80,000 mark. The broader financial markets experienced losses as well, with the S&P 500 dropping 0.59% and the Nasdaq closing nearly 1% lower. The pullback across major asset classes was fueled by a hotter-than-expected August Producer Price Index, which heightened concerns that the Federal Reserve could delay rate cuts or even raise interest rates in coming months.
Market pressures and macro impactThe selloff in risk assets was exacerbated by oil prices climbing above $100 per barrel amid continued US-Iran tensions. This added further pressure to inflation metrics, lifting Treasury yields to multi-year highs and pushing investors toward safer assets. Nearly 85% of the top 100 cryptocurrencies by market capitalization saw declines in the last 24 hours, reflecting widespread caution ahead of key macroeconomic data releases.
With the market looking ahead to Friday’s Consumer Price Index data and the Federal Reserve’s September 15 meeting, investors remain on alert for additional volatility. The return of inflation fears has rattled both traditional equity and cryptocurrency markets, setting the stage for a potentially turbulent week.
Technical outlook: Golden cross approachesDespite today’s drop, Bitcoin’s price action in recent weeks remains robust when viewed from a broader perspective. After opening at $78,282 and reaching an intraday high of $78,526, the cryptocurrency retreated to a low of $76,651 before stabilizing. Today’s close marks a notable decline from last week’s push above $80,000, but Bitcoin continues to trade significantly above its August lows near $64,000.
Technical analysis shows the Average Directional Index (ADX) at 45.8, signaling a strong underlying trend. The Relative Strength Index (RSI) sits at 55.6, which traders typically view as confirmation of bullish momentum without entering overbought territory. These indicators suggest the overall uptrend may not be over, despite current short-term weakness.
Currently, Bitcoin’s 50-day exponential moving average (EMA) remains just below its 200-day EMA, keeping the technical setup in bearish territory. However, the gap is narrowing, and a golden cross—a scenario where the 50-day EMA rises above the 200-day EMA—is projected to occur around September 11, provided no major negative surprises materialize.
This would mark Bitcoin’s first golden cross since the death cross in November 2025, which signaled the onset of the previous major downturn for the cryptocurrency.
Mini dictionary: Golden cross, a technical analysis pattern that occurs when a short-term moving average, such as the 50-day EMA, crosses above a long-term moving average, such as the 200-day EMA. This event is often viewed by traders as a bullish signal for future price trends.
The Squeeze Momentum Indicator has also activated, a technical measure used to anticipate periods of heightened volatility following a phase of price compression. If Bitcoin’s underlying trend holds, analysts expect this could accelerate a move to the upside.
Institutional flows and outlookUS spot Bitcoin exchange-traded funds (ETFs) posted $3.8 billion in net inflows over the past three weeks. Total net assets in these products have now reached $101.3 billion. These figures indicate continued institutional demand even as Bitcoin’s price consolidates amid macro-driven pressures.
WeekUS spot Bitcoin ETF net inflowsTotal Bitcoin ETF assetsPast 3 weeks$3.8 billion$101.3 billionWhile enthusiasm surrounding the impending golden cross is growing, market experts urge caution. The indicator is lagging, representing past price action, and historical precedent shows that golden crosses can sometimes reverse course within weeks of appearing. With the critical CPI data and the Federal Reserve’s upcoming policy decision approaching, shifts in macroeconomic conditions may play a larger role in determining Bitcoin’s next major move.
Institutional flows into US spot Bitcoin ETFs have reached $3.8 billion over three weeks, bringing total assets in these vehicles to $101.3 billion, reflecting sustained demand amid market volatility.
Cryptocurrency analytics company Glassnode has stated that the next key support level investors should watch if Bitcoin falls below its current price range is $75,000. According to the company, while Bitcoin continues to find buyers at current levels, long-term investors are facing strong resistance from a high cost zone.
Glassnode data shows that Bitcoin is facing significant cost-based resistance, particularly in the $83,000 to $86,000 range. It’s noted that long-term investors have purchased approximately 1.07 million BTC in this price range, with costs most heavily clustered around $85,000. Therefore, the $83,000-$85,000 region is considered a significant supply wall limiting Bitcoin’s upward movement.
However, Glassnode noted that investors continue to accumulate Bitcoin at current price levels. Maintaining this emerging accumulation zone in the market is critical for the short-term outlook.
“First Major Support Level for Bitcoin: $75,000” According to the analysis company, if Bitcoin falls below this accumulation zone, the first major support level is around $75,000. If selling pressure intensifies further, the correction could deepen to around $60,000.
One of the key catalysts for the recent selling pressure on Bitcoin was the inflation data from the US. The US Producer Price Index (PPI) coming in at 5.4%, exceeding market expectations of 5.3% and reaching its highest level in the last two months, triggered sell-offs in risky assets.
*This is not investment advice.
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TLDR Bitcoin fell more than 2%, briefly dropping to $76,748 as oil prices surged above $105 per barrel. Renewed Middle East tensions and attacks on Saudi assets raised concerns about energy supply and inflation. Higher oil prices reduced expectations for rate cuts and increased bets on a possible Federal Reserve rate hike. Federal Reserve Chair Kevin Warsh said U.S. inflation had not fallen enough, adding pressure on risk assets. Bitcoin had performed strongly in August after U.S. Treasury buyback plans weakened the dollar and supported alternative assets. Bitcoin (BTC) price fell on Thursday as oil prices moved above $105 a barrel amid renewed conflict in the Middle East. The cryptocurrency traded near $77,208 after touching $76,748, leaving it more than 2% lower over 24 hours. Rising energy prices and changing interest rate expectations added pressure across global markets.
Bitcoin Falls as Oil Prices Surge Oil prices climbed after Iran signaled that it would continue confronting U.S. forces. Fighting between the two sides intensified earlier this week, adding fresh concern about energy supplies from the region. Tehran-backed Houthis in Yemen also targeted Saudi Arabian assets. The attacks added to pressure on crude prices and kept traders focused on possible supply disruptions across the Middle East.
Higher oil prices can raise inflation by increasing transport, production, and household energy costs. That can make interest rate cuts less likely when central banks are trying to control price growth. Federal Reserve Chair Kevin Warsh said inflation in the United States had not fallen enough. Traders then increased bets that the Federal Reserve could raise interest rates at its next policy meeting.
Bitcoin has often reacted to changes in U.S. monetary policy. Lower rates can support demand for risk assets, while tighter policy can reduce liquidity and push investors toward cash or interest-bearing assets.
Dollar Weakness Supports Alternative Assets Bitcoin still entered September after a strong August run. The U.S. Treasury had announced plans to at least double the size of its liquidity-support buyback operations as borrowing costs moved higher. The move weakened the dollar and supported assets that do not pay interest. Bitcoin and gold both benefited as investors searched for alternatives during a period of concern about currency purchasing power.
Bitcoin has also shown a closer relationship with gold this year than with technology stocks. Investors have used both assets as possible hedges against a weaker dollar, although short-term price moves remain sensitive to inflation data, oil prices, and Federal Reserve policy.
The latest decline leaves Bitcoin below the $80,000 level that traders had watched earlier in September. Market attention now remains on Middle East developments, energy prices, and the Federal Reserve meeting next week. Any further rise in oil could keep inflation concerns active. A change in rate expectations could also affect Bitcoin as traders reassess liquidity conditions and demand for alternative assets.
Bitcoin dropped more than 2% on Thursday, briefly dipping to $76,748, as oil prices surged above $105 per barrel following escalating tensions in the Middle East. The cryptocurrency rebounded slightly to trade near $77,208 but remained under notable pressure amid shifting expectations over inflation and interest rates.
Middle East tensions drive oil and inflation riskOil prices rallied after Iran indicated it would continue confronting US forces, escalating a series of clashes earlier this week. Houthi fighters in Yemen, backed by Tehran, also targeted Saudi Arabian assets, intensifying worries over energy supply disruptions from a region critical to global oil production.
These developments pushed crude oil prices higher as traders braced for potential interruptions in supply. Surging energy costs threaten to drive up inflation, affecting transportation, industrial production, and household expenses.
Mini dictionary: Houthis, a political and military group based in Yemen and aligned with Iran, have frequently been involved in armed conflict in the region and often target energy infrastructure in Saudi Arabia as part of broader Middle Eastern geopolitical disputes.
Heightened geopolitical risks have led investors to anticipate that central banks, including the US Federal Reserve, may keep interest rates elevated or even consider further tightening.
Federal Reserve Chair Kevin Warsh indicated US inflation has not moderated sufficiently, suggesting monetary policy may remain restrictive as the central bank continues combating elevated price pressures.
Expectations of prolonged or increased interest rates typically weigh on speculative assets like Bitcoin. Higher rates direct capital flows towards cash or yield-bearing instruments, reducing demand for riskier investments.
Impact on Bitcoin and global marketsBitcoin’s decline came amid broad sell-offs in risk assets triggered by renewed inflation concerns and the outlook of tighter monetary policy. The $80,000 mark, seen as a psychological support level earlier in September, was breached as market participants reacted to rising oil and shifting rate expectations.
In August, Bitcoin performed strongly, buoyed by US Treasury buyback operations designed to support liquidity as borrowing costs rose. The increased buybacks softened the US dollar, prompting investors to move funds toward assets like Bitcoin and gold that are perceived as alternatives to fiat currencies.
Bitcoin and gold have traded more closely together in recent months, as both are viewed by some investors as hedges during periods of dollar weakness and macroeconomic uncertainty.
Despite these flows, short-term Bitcoin price movements have remained sensitive to developments in inflation, oil markets, and monetary policy.
AssetLatest Price24h ChangeBitcoin (BTC)$76,748 (low)
$77,208 (recent)-2%Oil (Brent)$105 (per barrel)+N/AWith the Federal Reserve’s next policy meeting approaching, investor focus remains fixed on Middle East conflict, the trajectory of oil prices, and upcoming US inflation data. Any further volatility in energy markets or a change in rate expectations could continue to weigh on Bitcoin and other alternative assets.
Bitcoin ATMs are fairly common in major US markets. Coin ATM Radar currently tracks around 19,400 locations nationwide. At its peak, estimates placed Bitcoin ATMs at over 30,000 locations. While not on the level of bank ATMs, that is still quite a lot. Still, some states have pressured operators, with some even banning the machines. One large operator filed for bankruptcy in May, with their machines going dark in the process.
KYC demands/compliance, fees, and the reality of physical locations have reduced the popularity of these machines. It’s often less onerous to buy BTC through a crypto exchange or digital wallet, all on your smartphone.
Even as Bitcoin ATMs decline, the North American Securities Administrators Association (NASAA) has warned consumers to view these operations with caution. The “investor alert” provides a bulleted list of reasons why consumers may want to steer clear of buying Bitcoin at these kiosks.
NASAA declares:
Almost Everywhere: BTMs let customers exchange cash for cryptocurrency, either by purchasing cryptocurrency with cash or (in bidirectional machines) withdrawing cash in exchange for surrendering cryptocurrency. Tens of thousands of BTMs are across North America, often located in high-traffic local businesses. Once a transaction is executed, it can be nearly impossible to undo, which makes BTMs highly attractive to fraudsters. Crypto Gateway: A report from a crypto kiosk company found that 74% of users made their first crypto transaction through a crypto kiosk. Rampant Fraud: According to the Federal Bureau of Investigation’s 2025 Internet Crimes Report, fraud involving crypto kiosks has increased exponentially to $390 million in the United States, a 58% increase in losses from 2024. Similarly, the District of Columbia Attorney General found that 93% of deposits flowing into a crypto kiosk in D.C. were scams. BTM frauds typically involve a scammer convincing a targeted individual to send cryptocurrency through the BTM to a cryptocurrency wallet the scammer controls (though some fraudsters have hacked into crypto kiosks or BTM networks directly and stolen cryptocurrency flowing through these platforms). Crypto Fees: BTM companies are making money – lots of it. Operators price transaction fees anywhere from 4% to more than 20% of the transfer amount. Smaller or independent operators often set higher fees because they handle fewer transactions and need to make more money on less volume, while encountering more liquidity and compliance risks than larger networks. Fees can also depend on the type of cryptocurrency being transferred.\Hidden Costs: Many machines do not describe how fees are broken down before the customer confirms the transaction. This makes it difficult for the customer to tell where extra charges come from. Hidden fees can include “mining fees,” “network fees,” additional withdrawal fees for selling cryptocurrency, and rounding errors when cryptocurrency is converted to fiat for withdrawal. Beyond the potential for fraud and fees, as Bitcoin goes mainstream, it is becoming easier to buy or sell the world’s most popular crypto. It would not be surprising to see traditional banks add Bitcoin as an option for traditional ATMs in the future, alongside dollar-based transactions (and probably sky-high fees).
Oil prices climbed above $100 a barrel on Thursday, driven by growing tensions around the Strait of Hormuz and rising risks of disruptions to global supply. At the same time, stronger US inflation data raised expectations that the Federal Reserve could soon implement an interest rate hike, putting pressure on both gold and Bitcoin prices.
Oil prices spike amid geopolitical turmoilBrent crude surged 5.9% to $107.18 per barrel, while US West Texas Intermediate (WTI) crude advanced 6.25% to $102.05. Both benchmarks are now trading more than 30% above their August lows, following a series of attacks on shipping lines tracing back to the ongoing Iran conflict.
Iran’s military stated that it targeted 10 ships near the key Strait of Hormuz on Wednesday, after US forces reportedly struck five Iranian oil tankers. The Strait of Hormuz remains a vital waterway for global oil shipments, and increased limitations on shipping have heightened market anxieties.
In a further escalation, Iran-aligned Houthi forces seized Yemen’s Mocha port, sharpening concerns over navigation through the Red Sea. Attacks emanating from Yemen on Saudi energy facilities have broadened supply risks beyond the Hormuz corridor, according to Simon-Peter Massabni of XS.com.
“With prospects for a definitive resolution to the Iran conflict dimmed and Brent crude prices recently topping $100 for the first time since July, crude oil markets are now settling into a prolonged new normal where disruption risk is persistent, not episodic,” S&P Global Energy stated.
China’s recent increase in oil purchases added further momentum to the rally. Economists at ING noted that the country, which is the world’s largest crude importer, has boosted buying activity after several months of subdued demand.
US crude inventories dropped by 391,000 barrels last week to 424.1 million, against expectations for a larger 1.55-million-barrel decline.
OPEC reduced its 2026 oil demand growth forecast for the fifth time in a row, now projecting an increase of only 380,000 barrels a day. According to a Reuters survey, OPEC’s August output fell by 640,000 barrels per day.
BenchmarkCurrent PriceChangeAug LowBrent$107.18+5.9%$82.40WTI$102.05+6.25%$78.35Mini dictionary: OPEC, the Organization of the Petroleum Exporting Countries, is a group of major oil-producing nations that coordinates policies and helps stabilize global oil markets.
Gold and Bitcoin decline as rate hike bets increaseGold prices dropped more than 1% in Thursday trading, with spot gold falling 1.8% to $4,320 an ounce and US gold futures closing 2.19% lower at $4,364.20. The losses came after the US Producer Price Index (PPI) pointed to hotter inflation, reinforcing expectations of a Federal Reserve interest rate increase.
The latest PPI figures showed final-demand prices rising 0.4% month-on-month in August, up from a revised 0.1% in July. Over the past twelve months, the PPI advanced 5.4%, accelerating from 4.8% the previous month.
Kyle Rodda, senior analyst at Capital.com, cited strengthening energy prices as a key reason for the uptick in underlying US inflation, which weighed on both gold and cryptocurrency markets.
The PPI data indicated a pickup in underlying inflation in the US economy, and part of that is connected to rising energy costs driven by geopolitical issues.
Bitcoin drops below $78,000 on macro headwindsBitcoin slipped below $78,000 for the first time in four sessions, fluctuating between $76,000 and $78,500 and reaching an intraday low of $76,663. The digital asset is now around 39% beneath its October 2025 peak of $126,000 and remains locked within the $60,000 to $80,000 region that has contained most price action since February.
The ongoing weakness coincides with oil’s surge past $105 a barrel and mounting speculation around a Federal Reserve rate move. Higher interest rates can increase the opportunity cost of holding non-yielding assets such as Bitcoin, prompting investor caution.
Spot Bitcoin ETFs registered outflows of about $166.8 million over a recent two-day span. At the same time, crypto-market liquidations exceeded $386 million in a single 24-hour period, amplifying short-term price pressure.
At present, $76,000 is viewed by traders as a crucial support, while $80,000 remains a stubborn resistance area.
MetricCurrent LevelPeak ValueKey SupportKey ResistanceBitcoin Price$76,000 – $78,500$126,000 (Oct 2025)$76,000$80,000ETF Outflow (2 days)$166.8 millionN/AN/AN/ACrypto Liquidations (24h)$386 millionN/AN/AN/AUS inflation data keeps Federal Reserve in spotlightUS producer prices climbed 0.4% in August, in line with consensus forecasts, while core PPI grew 0.2%, slightly below expectations. Energy costs were the biggest contributor, with a 4.2% month-on-month jump.
These figures arrive ahead of the Federal Reserve’s upcoming policy meeting scheduled for September 15-16. Market participants are now assigning a 70% probability to a rate hike next week, up from 62% before the release of PPI data, according to CME FedWatch Tool estimates.
However, a majority of economists surveyed by Reuters continue to anticipate that the Fed will keep rates unchanged.
The PPI results are being considered alongside updates to the methodologies for incorporating producer prices into the Federal Reserve’s preferred inflation gauge, the personal consumption expenditures (PCE) index.
With energy prices remaining elevated and inflation risks building, the Federal Reserve faces a careful balancing act as it assesses economic growth and labor market conditions before its next policy decision.
The European Securities and Markets Authority (ESMA) released its latest risk report, stating that major prediction market platforms including Polymarket and Kalshi currently lack the required authorization to offer event contracts to EU users under normal circumstances. ESMA noted that the regulatory nature of event contracts depends on the specific product, which may be classified as financial instruments, crypto assets subject to the MiCA framework, or fall under gambling regulations of EU member states. If categorized as financial instruments, they typically qualify as derivatives and may be subject to EU retail restrictions on binary options. ESMA also questioned the current EU region restrictions imposed by Polymarket and Kalshi, pointing out that the two platforms only restrict access to some member states, and it remains unclear why all EU countries have not been included in the restricted list, while there is also a risk of VPNs being used to bypass geographic restrictions. In July this year, France ordered internet service providers to block Polymarket. In addition, ESMA warned that the AI boom could become a new risk transmission channel for the crypto market. If AI investment returns fall short of expectations or there is a sell-off in tech stocks, large investors may sell highly liquid risky assets including crypto assets to raise cash. ESMA data shows that Bitcoin fell 35% in the first half of 2026, with outflows from US spot Bitcoin ETFs exceeding $5.5 billion over the same period. ESMA has previously clarified that if event contracts are classified as financial instruments, their distribution in the EU requires an investment firm license and may be subject to retail bans on binary options.
In brief More than 100 participants working with AI agents reduced the challenge’s resource score from 10.75 billion to 1.496 billion. The leading circuit used 1,151 logical qubits and about 1.3 million Toffoli gates, though comparisons with Google’s results carry caveats. A later design brought the gate count below 1 million; the results exclude the hardware costs of a full attack. Researchers working with AI coding agents reduced a resource benchmark for a key step in a potential quantum attack on the cryptography protecting Bitcoin and Ethereum by 86%, according to a paper posted Wednesday.
In other words, they reduced the computing resources needed for uncovering a wallet’s private key, which could let an attacker steal its funds. When quantum computers powerful enough to carry out a full attack will arrive—a milestone known as “Q-Day”—remains uncertain.
Myriad: Bitcoin's next move? Click to make your prediction.“Although its timing remains uncertain, migration away from vulnerable cryptography is already under way,” the researchers wrote. “NIST has standardized post-quantum replacements, and the initial public draft of NIST IR 8547 proposes deprecating classical public-key algorithms at the 112-bit security level after 2030 and disallowing them after 2035.”
The findings came from ECDSA.Fail, an open competition launched by Eigen Labs in late May. More than 100 participants worked on circuits for secp256k1, the elliptic curve used to secure transaction signatures on Bitcoin and Ethereum. The paper’s authors include researchers affiliated with Theta Labs, MultiVM Labs, Eigen Labs, Trail of Bits, StarkWare, and the Ethereum Foundation.
Researchers designed and tested a quantum circuit that performs a calculation needed to crack Bitcoin’s cryptography, cutting its resource score by 86%. The tests verified the circuit’s calculations; they did not crack a Bitcoin private key.
The challenge measured how much quantum memory and computational work each circuit needed, multiplying its logical qubits by its Toffoli gates, a costly type of quantum operation invented by Tommaso Toffoli in 1980. A lower score means the calculation requires fewer combined resources, potentially making a future attack easier to carry out.
By July 26, participants had cut that score by 86%, from 10.75 billion to 1.496 billion. The leading design used 1,151 logical qubits and about 1.3 million Toffoli gates. According to the study, the score was roughly half of Google Quantum AI’s March benchmark, though differences in testing and counting methods prevent a direct comparison.
“Beyond the resulting circuits, ECDSA.Fail provides a case study of Open Autoresearch: a verifier-gated research process in which human participants and AI agents iteratively generate, implement, test, and share candidate improvements against a common measurable objective,” the researchers wrote.
The report is a part of growing efforts by crypto companies to invest in research to defend against quantum attacks.
In July, Galaxy Digital committed up to $5 million to that work, while nine firms—including BlackRock, Coinbase, and Strategy—pledged a combined $15 million over three years for broader Bitcoin security research, including quantum defenses.
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In brief More than 100 participants working with AI agents reduced the challenge’s resource score from 10.75 billion to 1.496 billion. The leading circuit used 1,151 logical qubits and about 1.3 million Toffoli gates, though comparisons with Google’s results carry caveats. A later design brought the gate count below 1 million; the results exclude the hardware costs of a full attack. Researchers working with AI coding agents reduced a resource benchmark for a key step in a potential quantum attack on the cryptography protecting Bitcoin and Ethereum by 86%, according to a paper posted Wednesday.
In other words, they reduced the computing resources needed for uncovering a wallet’s private key, which could let an attacker steal its funds. When quantum computers powerful enough to carry out a full attack will arrive—a milestone known as “Q-Day”—remains uncertain.
Myriad: Bitcoin's next move? Click to make your prediction.“Although its timing remains uncertain, migration away from vulnerable cryptography is already under way,” the researchers wrote. “NIST has standardized post-quantum replacements, and the initial public draft of NIST IR 8547 proposes deprecating classical public-key algorithms at the 112-bit security level after 2030 and disallowing them after 2035.”
The findings came from ECDSA.Fail, an open competition launched by Eigen Labs in late May. More than 100 participants worked on circuits for secp256k1, the elliptic curve used to secure transaction signatures on Bitcoin and Ethereum. The paper’s authors include researchers affiliated with Theta Labs, MultiVM Labs, Eigen Labs, Trail of Bits, StarkWare, and the Ethereum Foundation.
Researchers designed and tested a quantum circuit that performs a calculation needed to crack Bitcoin’s cryptography, cutting its resource score by 86%. The tests verified the circuit’s calculations; they did not crack a Bitcoin private key.
The challenge measured how much quantum memory and computational work each circuit needed, multiplying its logical qubits by its Toffoli gates, a costly type of quantum operation invented by Tommaso Toffoli in 1980. A lower score means the calculation requires fewer combined resources, potentially making a future attack easier to carry out.
By July 26, participants had cut that score by 86%, from 10.75 billion to 1.496 billion. The leading design used 1,151 logical qubits and about 1.3 million Toffoli gates. According to the study, the score was roughly half of Google Quantum AI’s March benchmark, though differences in testing and counting methods prevent a direct comparison.
“Beyond the resulting circuits, ECDSA.Fail provides a case study of Open Autoresearch: a verifier-gated research process in which human participants and AI agents iteratively generate, implement, test, and share candidate improvements against a common measurable objective,” the researchers wrote.
The report is a part of growing efforts by crypto companies to invest in research to defend against quantum attacks.
In July, Galaxy Digital committed up to $5 million to that work, while nine firms—including BlackRock, Coinbase, and Strategy—pledged a combined $15 million over three years for broader Bitcoin security research, including quantum defenses.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
In XRP ETF news today, U.S.-listed XRP ETFs recorded approximately $12.29 million in net inflows during the September 9 session, according to SoSoValue data. That marked XRP’s second consecutive day in positive territory, following a $1.55 million inflow on September 8 when XRP was the only major spot crypto ETF category, among five compared, to close in the green. Bitcoin ETFs, meanwhile, extended their losing streak, recording $120 million in outflows on September 9 after already losing roughly $46.65 million the day before.
The two-day lead is real, but it remains thin. XRP’s September 9 inflow was roughly 10 times smaller than Bitcoin’s same-day outflow.
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XRP’s Back-to-Back Inflows Came Against Broader BTC ETF Weakness 🚀 HUGE: $XRP WAS THE ONLY CRYPTO ETF TAKING MONEY ON TUESDAY:
XRP ETFs SAW A SIGNIFICANT INFLUX OF NEARLY $2 MILLION YESTERDAY! 📈 pic.twitter.com/ieIcAvVpZU
— 𝓐𝓶𝓮𝓵𝓲𝓮 (@_Crypto_Barbie) September 9, 2026
Bitcoin ETFs lost $120 million on September 9, snapping a run of three consecutive positive sessions that had itself followed the September 8 outflow. Ethereum ETFs recorded $34.75 million in inflows on September 9, and Solana products added $11.73 million: a reversal from September 8, when both Ethereum and Solana posted outflows of $24.29 million and $667,720 respectively, alongside a $12.96 million withdrawal from Hyperliquid-linked products.
Notably, the entire $12.29 million XRP figure on September 9 came through the Bitwise and Grayscale ETFs. That concentration is worth tracking, since recent multi-day inflow streaks across XRP, ETH and SOL ETFs had shown a more even distribution of demand just weeks earlier.
DISCOVER: Meme coin supercycle: Top performers this week
Why Two Green Days Still Don’t Change the Broader Picture The five spot XRP ETFs collectively manage approximately $1.51 billion in assets, with cumulative net inflows approaching $1.69 billion since launch. The combined $13.84 million added across September 8 and 9 represents less than 1% of that cumulative total.
Bitcoin ETFs, by contrast, have accumulated nearly $55.59 billion in net inflows: about 33 times the XRP total. The gap holds up weekly too: in the week ending September 4, Bitcoin ETFs collected $986.9 million while XRP funds added just under $19 million over the same stretch.
Across two sessions, XRP outranks the field. On cumulative and weekly flows, it isn’t close.
XRP News: Price Stalls Despite Two ETF Green Days Based on the latest XRP news, Ripple trades at $1.3684, down 4.7% in the last 24 hours, cooling off after a sharp early-September spike toward $1.65. Price has since pulled back toward the $1.26 support zone, reflecting fading momentum after the rally. The broader structure remains well below 2025’s highs near $3.60, keeping the recovery tentative.
XRP’s price action sits against its own technical backdrop, independent of whatever the ETF tape shows on any given day. Two sessions of inflows are not confirmation of a driver. Sustained demand would need several more consecutive positive days for XRP ETFs while Bitcoin and Ethereum funds remain under pressure, a bar this two-day stretch hasn’t yet cleared.
Market Intelligence: Crypto Analyst Predicts Best New Crypto to Hodl
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
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Daniel Frances is a technical writer and Web3 educator specializing in macroeconomics and DeFi mechanics. A crypto native since 2017, Daniel leverages his background in on-chain analytics to author evidence-based reports and deep-dive guides. He holds certifications from The Blockchain Council, and is dedicated to providing "information gain" that cuts through market hype to find real-world blockchain utility.
According to a new paper published by researchers from Theta Labs, the Ethereum Foundation, StarkWare, and other institutions, the resources required for key computational steps in potential quantum attacks on Bitcoin (BTC) and Ethereum (ETH) are over 50% lower than the estimates previously released by Google’s Quantum AI team. The study’s proposed quantum circuit design needs only around 1,151 logical qubits, and uses approximately 1.3 million Toffoli gate operations to complete the relevant calculations, with a composite score of roughly 1.5 billion—below Google’s previously announced level of around 3 billion. The research primarily optimized the point addition calculation step in Shor’s algorithm, which theoretically allows a sufficiently powerful quantum computer to derive private keys from public keys. Jieyi Long, one of the paper’s lead authors and CTO of Theta Labs, noted that quantum attacks are not currently imminent, but quantum-resistant migration will take many years and cannot be remedied after an attack occurs.
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US spot Bitcoin ETFs hemorrhaged $120.2 million on September 9, marking the second straight day of net redemptions. Meanwhile, Ethereum ETFs moved in the opposite direction, pulling in $34.75 million on the same day.
Zoom out to the trailing seven days and Bitcoin ETFs actually posted roughly $820 million in net inflows. One day’s red ink looks a lot less alarming when the weekly ledger is still deeply green.
Where the money moved The Bitcoin ETF outflows on September 9 were concentrated in two familiar names. ARK 21Shares’ ARKB led the retreat with $78 million in net redemptions, while Grayscale’s GBTC shed $27.2 million. The prior session, September 8, had already seen $46.6 million leave Bitcoin ETFs, bringing the two-day total to roughly $166.8 million.
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That back-to-back daily outflow streak was the first of its kind since mid-August. For context, September 3 alone saw $730.9 million pour into Bitcoin ETFs. So the recent pullback erased less than a quarter of a single day’s inflows from earlier in the month.
Ethereum ETFs told the opposite story. The $34.75 million in net inflows on September 9 was driven primarily by BlackRock’s staking-enabled ETHB product, which accounted for $22.94 million of that total.
The bigger picture looks different Since spot Bitcoin ETFs launched in the US, they’ve attracted approximately $55 billion in total net inflows. However, 2026 as a calendar year has been choppier, with roughly $1.07 billion in net outflows on the year overall.
That year-to-date deficit means Bitcoin ETF investors in aggregate have been net sellers in 2026, even as individual weeks post massive inflows.
What the divergence signals For Bitcoin ETFs, the consecutive daily outflows are a minor speed bump in what has been a volatile but ultimately positive flow trend over recent weeks. The $730.9 million single-day inflow on September 3 dwarfs the combined $166.8 million that left over the following two sessions.
The year-to-date net outflow figure of $1.07 billion is worth monitoring more closely. If that deficit continues to widen through September, it could signal that institutional allocators are trimming crypto exposure heading into the fourth quarter. Conversely, a strong week of inflows could flip the YTD number back to positive territory relatively quickly, given the magnitude of flows this market routinely produces.
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Coin stock price hovered at $1723 on Thursday after hotter producer inflation rattled crypto-linked equities. COIN stock fell 1.24% as tighter policy threatened speculative demand. The crypto market fell 2.32% to $2.62 trillion as investors reduced risk.
Bitcoin price fell under $77,000 after a drop of $1,200, and Ethereum was under $2,500. The consumer inflation report on Friday may thus influence the subsequent action on COIN stock and digital assets.
Fed Rate Hike Odds Surge to 71% Ahead of FOMC Meeting Futures markets increased the implied September increase likelihood to 71%, stretching a prior increase from 64%. There is also now a 62% chance of a rate hike at next week’s meeting.
Such probabilities reflect the prices of the market, not that the policymakers will drive up the cost of borrowing.
Fed watch data Fed Chair Kevin Warsh is now confronted with more evidence of inflation and a robust employment picture and high oil prices. First claims were 206,000 and ongoing claims were 1.774 million, which means that the layoffs are still contained. Oil’s move above $100 added another inflation concern before officials begin their two-day policy discussion.
Wall Street Journal journalist Nick Timiraos indicated that the reading of CPI on Friday would be significant in the decision made by the Fed.
Hot PPI Data Intensifies Inflation Concerns The August Producer Price Index increased by 0.4% in month and 5.4% in year, compared to the 5.3% consensus. Annual producer inflation increased in July, undermining the claims that price pressures are gradually subsiding. Core pipeline prices stayed elevated, raising concerns about the Fed’s preferred PCE measure.
THE FED IS MOVING TOWARDS A RATE HIKE NOW.
Just now, US PPI data was released, and it came in at 5.4% vs 5.3% expected.
At the same time, oil broke above $100, which means more pressure on inflation.
On the other hand, the job data was good, and it leaves the Fed with just one… https://t.co/ntrFuoraCN pic.twitter.com/3LG6Xm5W75
— Crypto Rover (@cryptorover) September 10, 2026
In the meantime, solid jobless-claims figures implied that the economy was not fast heading towards a recession. That mix presents policymakers with the dilemma of having to deal with intractable inflation versus the danger of further monetary tightening.
The negative impact on the prices of cryptos and the decline in retail trading volumes can hit Coinbase twice. Immediate changes in the activity of transactions can be observed even in the context of general valuation weakness.
COIN Stock Prediction: Will Coinbase Recover After the Selloff? COIN stock is weak as Bitcoin sells at less than $78,000 and rate expectations keep climbing. The short-term perspective hinges on whether the stocks will stabilize above the intraday low of Thursday of $169.95. That level might hold and encourage a recovery to the high of the session of $175 and then another resistance.
COIN stock Any decline below $169.95 would open COIN stock to further losses with the spread of macroeconomic pressure. Any recovery would probably need lower CPI figures, gentler rate anticipations, or a resounding cryptocurrency recovery.
The Singapore Exchange (SGX) has received approval from the US Commodity Futures Trading Commission (CFTC) to offer its Bitcoin and Ethereum perpetual futures directly to American institutional investors. This regulatory clearance falls under Regulation 48.10, which recognizes foreign exchanges and allows them to grant US market participants direct access to their order books without establishing a local US entity.
SGX connects US traders with Asian liquidity poolsSGX introduced its Bitcoin and Ether perpetual futures contracts in November 2025. Since their launch, these products have generated $5.8 billion in cumulative trading volume. With CFTC approval now secured, US clearing members are preparing to onboard clients, a process expected to unfold over the next one to two months.
Regulation 48.10 enables a registered Foreign Board of Trade like SGX to open access for US participants, expanding global liquidity and the breadth of institutional trading opportunity. SGX, qualified under this framework, now facilitates interaction between US institutional desks and Asia-based liquidity providers.
KC Lam, head of crypto derivatives at SGX Group, characterized the CFTC approval as a key step, stating it gives US institutions access to contracts previously unavailable to them. He emphasized that this connection not only bridges traditional finance with Asia’s crypto markets, but also supports the recognition of crypto derivatives as regulated financial instruments.
The CFTC’s decision means US trading desks can now participate directly in SGX’s crypto derivatives markets, a shift that is expected to “legitimize crypto derivatives as a regulated asset class” by connecting US and Asian institutional capital pools.
SGX requires new US clients to complete standard onboarding checks. Clearing members will conduct due diligence, including KYC, manage deposits, and establish API connectivity. These steps ordinarily take two to four weeks. Lam confirmed that SGX’s FIS-enabled back-office integration is in place, streamlining client onboarding for US clearing members in the near term.
In a market where a single Fed decision or an unexpected altcoin listing can shift momentum within seconds, traders are increasingly seeking efficiency in execution and data monitoring. Instead of toggling between fragmented platforms for market charts, order flows, and portfolio overviews, many institutional and retail investors are adopting privacy-oriented solutions like CryptoAppsy. This platform aggregates real-time charts, price alerts, topical coin news, and essential macro data—accessible with no account registration required and all displayed on one customizable screen.
Trading activity and future product plansSGX’s Bitcoin and Ether perpetual futures have seen approximately 400,000 lots traded since their debut. By the end of August, open interest stood at 1,300 lots, equivalent to $19 million. Bitcoin contracts comprise 66% of current open interest and 83% of daily average trading volume. The most active trading day recorded 11,500 lots, reaching $145 million in notional value.
Market participants utilize these perpetual contracts for directional positions and arbitrage, often reflecting broader macroeconomic views or exploiting funding-rate differentials between venues. Lam noted that fully integrating exchange infrastructure comes first, after which expansion to dated futures, options, and additional major cryptocurrencies is expected to proceed in a measured, stepwise fashion.
“The heavy infrastructure work comes first,” Lam explained, and after onboarding more US clearing members, there could be a more routine process for listing new digital asset derivatives.
SGX aims to gradually broaden its product coverage and market footprint rather than pursuing rapid, simultaneous launches.
BTC and ETH price ranges remain in focusAt the time of reporting, Bitcoin traded at $77,907.04, down 1.80% over the previous day but recording a 0.40% increase on the week. Ethereum held at $2,461.05, reflecting a 1.52% daily decline yet a 3% gain over seven days.
Analyst Daan Crypto Trades described both BTC and ETH as consolidating within well-defined ranges. Ethereum maintained a narrow band around its $2,460 support, while Bitcoin showed greater volatility at its $77,800 support mark.
A decisive move outside these ranges, according to Daan, could trigger strong liquidations for traders positioned on the wrong side. Other analysts added longer-term perspectives, including Gerla, who compared the current cycle to a previous period where September market weakness led to a year-end rebound and projected the possibility of $150,000 to $170,000 for Bitcoin by 2029 if a similar pattern repeats.
Focusing on Ethereum, analyst Nehal identified $2,550 as a breakout threshold; a clear move above that could set up targets between $2,800 and $3,000, with $2,350 marked as critical support to hold.
For now, Bitcoin and Ethereum are trading within established ranges as market participants monitor the early effects of expanded US access to SGX’s crypto derivatives suite.
