All outlooks

Bitcoin slips to $76,700 as rate-hike bets build

· BTCUSDT · FXpips research desk

Bitcoin has fallen from above $81,000 on 4 September to around $76,700 as hotter US inflation and Fed hike expectations weigh on risk. Early-month ETF inflows were not enough to hold the $80,000 area.

What’s driving it

  • Fed hike odds rising into Wednesday
  • August core CPI up 0.3% m/m, above forecast
  • US–Iran conflict weighing on risk appetite

Key levels

Resistance

78,30081,000

Support

75,00072,500

Scenarios

Bullish caseHolding $75,000 through the Fed and reclaiming $78,300 opens $81,000.
Bearish caseA daily close below $75,000 targets $72,500.

General market commentary for education, not personal advice. Levels can shift quickly around news.

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