BTC $78,202 (+0.61%) | August 30, 2026

Bitcoin moved from $77,736 yesterday to $78,202 today, a 0.61% intraday gain that keeps price range-bound near the top of the 30-day range.Mostly noise. Price barely moved and the ETF outflow, while headline-grabbing for ending a 9-day streak, came in at $201.8 million, a single-day reversal that does not independently signal a change in institutional positioning. No new structural risk emerged today.

US spot Bitcoin ETFs posted $201.8 million in net outflows Friday, ending a 9-day inflow streak; total fund assets slipped back below $100 billion per Cointelegraph.
Fear and Greed index reads 69 today, 24 points above its 30-day average of 45, reflecting elevated sentiment even as price held steady.
Six decade-old Bitcoin wallets moved $40 million this month, but Galaxy Research data shows 2026 dormant-coin activity on pace for under half of last year's total, limiting the distribution signal.
Network fees remain compressed at 1 sat per vbyte across all priority tiers, with hashrate steady at 892 EH/s, reflecting healthy miner participation without congestion.
Bitcoin dominance held at 59.5%, near cycle highs, as Ethereum and Solana saw modest underperformance on a year-to-date basis relative to BTC.

Market Snapshot

Market Cap

$1.57T

24h Volume

$14.90B

Dominance

59.5%

Macro Context

How Bitcoin fits into the macro picture

Bitcoin's 90-day rolling correlation with the S&P 500 sits at 0.26, a low-correlation regime consistent with Bitcoin trading more on monetary narratives than as pure equity beta. At the same time, BTC is down 13.09% year-to-date while the S&P 500 is up 11.14%, a 24-percentage-point gap that reflects ongoing macro headwinds rather than structural de-risking from crypto specifically. Gold fell 2.88% today while Bitcoin gained 0.61%, a single-session divergence that is consistent with the 0.52 BTC-gold correlation over 90 days. The September FOMC in 17 days and the Jobs Report in 5 days are the two macro events most likely to reprice the rate path and, with it, Bitcoin's near-term range.

BTC and the S&P 500 carry a 90-day rolling correlation of 0.26, below the 0.3 threshold historically associated with decoupling. Bitcoin outperformed equities modestly today on a 24-hour basis, consistent with that low-correlation regime rather than any notable divergence.

BTC vs Everything

Asset	24h	YTD	BTC Edge
SPXS&P 500	-0.25%	+11.14%	-24.23%
QQQNASDAQ-100	-0.70%	+15.19%	-28.28%
XAUGold	-2.88%	-3.90%

Market Snapshot

Macro Context

BTC vs Everything

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