Bitcoin slips to $76,700 as rate-hike bets build
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
78,30081,000Support
75,00072,500Scenarios
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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