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Bitcoin slipped under $79,000 as an oil shock, a seven-month high in the yen and 4.8% Treasury yields pushed risk assets lower. Spot ETFs remain about $1 billion short of breaking even for 2026, and Cronos reversed two hours of its own chain to recover $111 million.
Bitcoin slipped under $80,000 as large holders flipped to net selling, US strikes on Iranian tankers pushed WTI above $92, and roughly $320 million in bitcoin left Liquid Network's federation wallet through a software bug rather than a stolen key.
Liquid Network paused after roughly 4,000 BTC left its federation wallet, spot bitcoin ETFs booked a third straight positive week at $987 million, and a bitcoin-backed mortgage product turned out to permit rehypothecation of borrowers' collateral.
Bitcoin held near $80,000 through a quiet Saturday after Friday's payrolls reversal, while ether firmed and zcash consolidated above $1,000. Underneath: the first Hyperliquid ETF filings named UBS and Jane Street, and a Bank of Korea study tied stablecoin demand to FX rates.
Bitcoin hit a three-month high above $82,000 on Friday, then lost $80,000 within twenty minutes of the August payrolls report. 162,000 jobs against a 56,000 consensus lifted September hike odds to 59%, and the session liquidated leverage in both directions.
Bitcoin opened September below $78,000 as odds of a Fed hike on September 16 climbed to two in three. Twenty-one global banks unveiled a joint stablecoin company, the SEC proposed a blockchain-aware transfer agent rule, and Arbitrum jumped on Robinhood Chain revenue.
Bitcoin closed August up roughly 23% at around $78,000, its best month since November 2024, while Warsh's hawkish Jackson Hole debut lifted September hike odds to 58%. Cronos halted its chain after a $75 million Tectonic exploit, and Strategy and Bitmine returned as buyers.
Bitcoin held above $79,000 as spot ETFs logged an eighth straight day of inflows worth $2.8 billion. Glassnode maps the $81,000-$86,000 supply wall, Schwab adds SOL, AVAX and LINK, and Core Lightning tells node operators to go offline after AI-found bugs.
Bitcoin gave back ground toward $78,000 as a 23% week ran into profit-taking, but spot ETFs logged an eighth straight day of inflows. July PCE landed in line, Q2 GDP held at 1.5%, and traders spent the day raising the odds that the Fed hikes in September.
Bitcoin cleared $80,000 for the first time since May before being rejected near $81,000. ETF inflows ran a seventh straight day, futures open interest fell to a five-month low, and Treasury's bond buyback drew a sharp rebuke from Druckenmiller.
Bitcoin crossed $80,000 late Monday for the first time since May 15, but the more telling data point was futures open interest falling to a two-month low. This leg was bought with spot, not leverage — and ETF inflows extended to a sixth straight day.
Bitcoin's run to $79,500 ended in a six-minute flush that erased $108 billion in market value and liquidated $1.71 billion, mostly longs. Altcoins took the worst of it. Zcash cleared $800 on a Grayscale ETF filing, and The Sandbox halted bridging after a mint exploit.