Bitcoin traded near $78,700 on Wednesday, Sept. 9, after repeatedly failing to reclaim the $79,500 area, leaving the market caught between a renewed push toward $82,000 and a deeper pullback. The near-term technical picture remains unsettled as traders also prepare for Friday’s U.S. inflation report, with rising oil prices adding another source of macroeconomic uncertainty.
Bitcoin price slipped below $79,000 on Sep. 9 as weakening short-term momentum and liquidity clusters on both sides of the market raised the risk of a sharper move. Bitcoin price struggles to hold $79,000 According to data from crypto.news, Bitcoin ($BTC) price traded near $78,900 at the time of writing, down from an opening price
Bitcoin ($BTC) is breaking with typical bear-market behavior as a classic onchain metric puts in its longest bullish streak of 2026. Key points: Bitcoin’s SOPR metric has stayed above its breakeven point of 1 for three full weeks, its longest stint in 2026. Analysis suggests that UTXO profitability is reflecting a return to bull-market conditions.
Bitcoin holders who need cash do not necessarily have to sell their $BTC. They can borrow against it instead, keeping exposure to Bitcoin while using its value as collateral for a loan. The complication is that the loan they want may exist on another network. Many blockchain lending applications run on Ethereum, which keeps its
Bitcoin traded near $79,200 on Sept. 9 after recovering sharply from its June low, supporting Wintermute’s broader argument that the current downturn has been shallower than the bear markets of 2018 and 2022. The market maker said Bitcoin was about 50% below its peak roughly 340 days after the cycle high. It compared that decline
With its medium-term moving averages quickly converging following its spectacular August recovery, Bitcoin is getting close to one of the most recognizable bullish technical signals. However, what transpires in the vicinity of the $80,000–$82,000 resistance zone will determine how significant the possible golden cross is. Bitcoin’s 200-day recovery possibility After rising from the June low
Bitcoin held near $78,500 on Sept. 8 as the Japanese yen touched its strongest level since February, leaving $BTC inside its recent trading range while investors cut bets against Japan’s currency. The yen reached 152.89 per dollar during Asian trading before retreating to 154.14, easing part of the currency pressure ahead of the Bank of
Despite Bitcoin’s ($BTC) powerful late August rally and ability to remain only slightly below $80,00 in the weeks since, Claude’s advanced artificial intelligence (AI) estimates the cryptocurrency will fall short of reclaiming $100,000 before the end of 2026. Specifically, Anthropic’s flagship platform identified the Fed’s imminent interest rate decision and oil supply disruptions as critical
Bitcoin staged another sharp intraday recovery on Wednesday, rebounding more than $1,500 after sliding towards $77,600 as investors digested surging oil prices and uncertainty over US interest rates. $BTC traded as low as roughly $77,638 before recovering above $79,000 during the Asian session. Brent crude was approaching $100 a barrel, while markets were also preparing
Bitcoin, the leading cryptocurrency, fell below $80,000 ahead of the Federal Reserve’s interest rate decision and the US PPI and CPI data to be released this week. While these data are being monitored in the short term for Bitcoin, a noteworthy new price scenario has emerged for the $BTC price. Bitcoin-focused financial company River has