Bitcoin consolidated, moving from $76,864 to $77,297, a gain of roughly $433 or +0.56% on the day.Mostly noise. Price barely moved intraday and remains inside its 30-day range. The one item worth tracking is the three-day ETF outflow pace of $449M, which is elevated at -1.63 standard deviations below the 30-day mean, though it has not crossed the threshold of structural concern. Nothing changed today that alters near-term risk in a way that requires action.
Core CPI rose 0.3% month-over-month in August, above forecasts, cementing Fed rate hike expectations ahead of the September 16 FOMC meeting.
Bitcoin ETF outflows totaled $449M over three days, with ARK 21Shares accounting for $164M of Thursday's withdrawals alone, the heaviest outflow pace in recent weeks.
Bitcoin's golden cross signal faded as rate-hike bets firmed, with price briefly spiking toward $80K on the CPI print before retreating to consolidate near $77,300.
Network hashrate held near 945 EH/s and fees remain at 1 sat/vB across all priority levels, confirming no stress on Bitcoin's underlying infrastructure despite the macro-driven price decline this week.
Market Snapshot
Market Cap
$1.55T
24h Volume
$34.97B
Dominance
58.3%
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