Bitcoin fell below $77,000 on Sept. 10 as oil rose above $100, and a global bond selloff pushed traders toward another Fed hike. $BTC reached an intraday low of $76,676.07, Nasdaq 100 futures fell 0.7%, and the 10-year Treasury yield climbed to 4.93% while the 30-year touched 5.35%, its highest level in 19 years. The
Since early August, Bitcoin’s market structure has strengthened as prices rose while exchange deposits declined. The price of Bitcoin [$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,