Bitcoin (BTC) — Onchain News & Whale Tracking

Coinbase's Bitcoin Premium Index has turned negative again, currently standing at -0.0198%.

According to Coinglass data, Coinbase’s Bitcoin Premium Index has turned negative again, now standing at -0.0198% (compared to 0.0013% yesterday), as buying sentiment in the U.S. market has slumped once more. BlockBeats Note: The Coinbase Bitcoin Premium Index measures the gap between Bitcoin prices on Coinbase, a leading U.S. crypto exchange, and the global average market price. It is a key indicator for monitoring U.S. market capital flows, institutional investment activity, and shifts in market sentiment. A positive premium indicates Coinbase’s Bitcoin price is higher than the global average, typically signaling strong buying demand in the U.S. market, active inflows of institutional or compliant capital, ample U.S. dollar liquidity, and generally optimistic investment sentiment. A negative premium means Coinbase’s Bitcoin price is lower than the global average, usually reflecting heavy selling pressure in the U.S. market, declining investor risk appetite, rising market risk aversion, or capital outflows.

Renowned trader: Bitcoin has successively digested interest rate hikes and the setback of the 'CLARITY Act', and the market trend may have shifted.

Renowned trader Killa said the "everything is priced in" chart tracks major catalysts across Bitcoin’s cycles and their post-event price behavior. He noted that during bear markets, negative news typically pushes BTC lower, leading traders to develop an inertia of shorting on any bearish headlines. But once high-timeframe trends shift, the same news may only spark temporary panic, after which Bitcoin absorbs selling pressure and resumes its rally. Recent market events include the Federal Reserve’s interest rate hike, expectations around the CLARITY Act vote, and the bill’s failure to advance. Markets initially viewed these as reasons for Bitcoin to drop further, but BTC only briefly broke below its range low before bouncing back quickly, showing strong resilience. Even as narratives of a "third world war" gained traction, Bitcoin began reacting relatively positively to panic-inducing factors. Killa highlighted this performance as a key distinction between bull and bear markets: in bear markets, bad news drives prices down, while in bull markets, negative headlines may trigger trader capitulation, after which prices continue rising. He added that the key catalyst that confirmed the last cycle’s uptrend was the approval of spot Bitcoin ETFs, and this cycle’s equivalent catalyst could be the CLARITY Act. Bitcoin’s recent ability to digest multiple bearish factors is a key basis for his judgment that the trend has shifted.

Michael Saylor has once again released Bitcoin Tracker information, potentially hinting at an increase in his BTC holdings.

Strategy founder Michael Saylor has once again shared updates on the company’s Bitcoin tracker, stating, “A little more orange.” Following past patterns, the orange dots denote Strategy’s Bitcoin purchase records, so this move likely signals the firm will add to its BTC holdings. Strategy typically discloses changes in its Bitcoin holdings the day after such announcements.

Well-known trader: If Bitcoin holds above $78,700 on the weekly chart, it could confirm the start of a new bull market.

Prominent crypto trader Doctor Profit said Bitcoin has broken above its 50-week moving average (MA50), which currently sits at around $78,700. If Bitcoin closes above this level for the week, he will view it as confirmation that a new bull market has begun. Current price action mirrors the pattern seen between 2022 and 2023: Bitcoin reclaimed the MA50 after weeks of resistance and a "bear trap". He noted that historically, Bitcoin has fallen below and then reclaimed the MA50 seven times; five of those instances preceded bull markets, while the other two resulted in false breakouts in 2011 and 2020 respectively. He added that Bitcoin is currently trading in the $71,000 to $82,000 range, and a breakout above the $82,500 to $83,000 zone would provide stronger confirmation. A return above the MA50 suggests such a breakout could occur in the coming days. His personal trading strategy remains unchanged: he will continue holding spot Bitcoin, with a target of $88,000 once remaining resistance is broken.

Analyst: Bitcoin OTC address reserves hit an all-time low, down over 75% from their 2021 peak.

Crypto analyst Darkfost posted that the known Bitcoin reserves held by addresses of over-the-counter (OTC) trading platforms have dropped to an all-time low, standing at around 123,000 BTC, down from nearly 500,000 BTC in September 2021. The continuous decline in OTC reserves could stem from multiple factors, including investors' growing preference for long-term BTC holdings, a more decentralized Bitcoin ownership structure, and miners and other market participants no longer primarily selling BTC via OTC channels. Additionally, some holders may prefer to sell directly on public markets. Regardless of the specific reasons, the sharp reduction in OTC reserves means fewer BTC are available for sale outside public markets. If buyer demand shifts more toward direct purchases on public markets, this could provide support for BTC prices.

This week, U.S. spot Bitcoin ETFs recorded a total net inflow of $6.1 million.

According to Farside's monitoring data, U.S. spot Bitcoin ETFs recorded a net inflow of $6.1 million this week, while U.S. spot Ethereum ETFs saw a net outflow of $140.6 million.

Peter Schiff: SEC’s Innovation Exemption for Tokenized Stocks Is Bad for Bitcoin

Longtime Bitcoin critic Peter Schiff argued in a post that Bitcoin’s sharp surge following the U.S. Securities and Exchange Commission (SEC)’s announcement on tokenized stocks is meaningless. In reality, this news is bearish for Bitcoin, as the cryptocurrency now has to compete with tokenized securities. Tokens backed by profitable, dividend-paying companies hold an advantage over asset-less tokens in terms of digital ownership, and are also more reliable stores of value. Tokenized stocks offer all the conveniences of Bitcoin while eliminating the risk of a decentralized Ponzi scheme collapse.

Analysis: Bitcoin market behavior has undergone a substantial shift, switching from panic selling to buying the dip.

Crypto analyst Darkfost says Bitcoin’s market behavior has undergone a substantial shift, moving from "panic selling" to "buy-the-dip". The market has crossed a real threshold, with a clear change in investor behavior. Previously, most traders panicked and sold on dips, but now the same pullbacks are being treated as buying opportunities. As a result, expecting Bitcoin to continue its sharp decline has become far more difficult, and short sellers face a more complex operating environment.

PlanB: Bitcoin trading above the 50-week moving average signals a $89,000 target, with the bear market now confirmed over.

Renowned crypto analyst PlanB wrote in a post that Bitcoin has climbed above the 50-week moving average (around $79,000), with its next target being the 100-week moving average (roughly $89,000). PlanB also stated he has personally confirmed the end of the bear market, noting Bitcoin closed at $78,571 in August, multiple key indicators have improved: the proportion of Bitcoin in profit rose from 50% to 72%, and the monthly RSI climbed from 41 to 51. He thus concluded the market bottom is in, with a bullish outlook ahead.

Analysis: BTC-to-gold price ratio breaks through the 50-week moving average, with one Bitcoin equivalent to approximately 18.55 ounces of gold.

Analyst Miller Cole noted that one Bitcoin is currently worth roughly 18.55 ounces of gold. At this time last month, one Bitcoin was only equivalent to about 15.3 ounces of gold. This ratio has once again crossed above the 50-week simple moving average, indicating a bullish signal. The analyst believes the BTC/XAU pair will reach notable new highs in the coming years.

Morgan Stanley's Bitcoin ETF has posted net inflows for 20 consecutive trading days, with cumulative BTC purchases totaling $51.5 million.

According to Arkham's disclosure, Morgan Stanley's Bitcoin ETF (MSBT) has cumulatively purchased Bitcoin worth approximately $51.5 million over the past 20 trading days, with no single-day capital outflows recorded during the period. MSBT is also one of the few Bitcoin funds that has not seen any single-day net outflows this month.

Yesterday, U.S. spot Bitcoin ETFs recorded a net inflow of $433 million.

According to Farside's monitoring, U.S. spot Bitcoin ETFs recorded a net inflow of $433 million yesterday, marking the second consecutive day of net inflows.

Opinion: Bitcoin Could Rise to $1 Million If Quantum Computing Risks Are Addressed

Star investor Kevin O’Leary has stated that Bitcoin could eventually surge to $1 million if the crypto industry resolves security risks posed by quantum computing. In an interview with The Rollup, O’Leary pointed out that quantum computers may crack Bitcoin’s underlying encryption algorithms and digital signatures in the future—a risk that must be addressed, otherwise institutional investors may still view Bitcoin as a non-core asset. He noted that resolving market concerns over "Q-Day" is one of the prerequisites for Bitcoin to hit $1 million. O’Leary has also reversed his earlier bullish stance on Bitcoin and Ethereum. He previously believed that the two would capture most of the crypto industry’s market volatility, but now he no longer considers Ethereum to be the industry’s ultimate standard, citing its insufficient speed and security. Currently, he is betting that different sectors will eventually adopt distinct blockchains as infrastructure for asset tokenization. In the AI field, O’Leary is investing in power infrastructure supporting AI rather than specific AI models. He explained that AI development is inseparable from power, and he has already invested in power projects and uranium assets, wagering on small modular nuclear reactors to power U.S. data centers in the future. O’Leary also predicted that the Clarity Act will struggle to advance before the U.S. midterm elections, and Congress may reintroduce a bipartisan crypto market regulatory bill after the midterms.

Galaxy's Head of Research: Bitcoin Rises Above 50-Week Moving Average, May Signal Bottom Confirmation

Alex Thorn, head of research at Galaxy, noted in a post that Bitcoin (BTC) is currently trading strongly, with its price above the 50-week moving average. Historically, a breakout above the 50-week moving average has served as a key level confirming the formation of a bear market bottom. If the weekly line closes above the 50-week moving average this Sunday, this trend will be further confirmed.

Opinion: Bitcoin is expected to break through quickly if it hits the $83,000 to $86,000 range, forcing short sellers to cover their positions.

Glassnode stated in a post that Bitcoin (BTC) is gradually approaching a thickening liquidation zone, with dense liquidation orders concentrated around the $83,000 to $86,000 range. If the price hits this area, BTC could quickly break through the range as short positions— which have been accumulating for weeks— are forced to close out.

A crypto whale lays out 10 key targets, still holds that Bitcoin will target $100,000 once it stabilizes at $80,000.

Crypto whale "Set 10 Big Goals First" posted on social media, stating: "I said earlier this month that if Bitcoin holds steady above $80,000, it will target $100,000 – the last chance to get in."

If Bitcoin breaks through $83,000, the cumulative liquidation volume of short positions on major centralized exchanges (CEXs) will reach $560 million.

According to Coinglass data, if Bitcoin breaks through $83,000, the cumulative short liquidation intensity on major centralized exchanges (CEXs) will reach $560 million. Conversely, if Bitcoin falls below $79,000, the cumulative long liquidation intensity on major CEXs will hit $477 million. BlockBeats Note: Liquidation charts do not display the exact number of pending liquidations or the precise value of liquidated contracts. The bars on these charts instead represent the relative importance of each liquidation cluster compared to adjacent clusters—i.e., their intensity. Thus, the chart shows the degree of impact when the underlying asset’s price reaches a certain level. A higher "liquidation bar" indicates that once the price hits that level, it will trigger a stronger reaction driven by liquidity waves.

Bitcoin rallies to hit $81,000.

According to HTX market data, Bitcoin rallied to hit $81,000, now priced at $81,000, with a 5.85% 24-hour gain.

Bitcoin ETFs See $154M Inflow, Ethereum ETFs Lose $71.75M in Single Day

Sept 18 Update: #Bitcoin ETFs: 1D NetFlow: +1,955 $BTC(+$154.39M)?? 7D NetFlow: -6,715 $BTC(-$530.42M)?? #Ethereum ETFs: 1D NetFlow: -28,356 $ETH(-$71.75M)?? 7D NetFlow: -42,976 $ETH(-$108.74M)??

Bitcoin breaks through the $80,000 mark.

According to HTX market data, Bitcoin has surged past $80,000, currently trading at $80,150, with a 4.99% increase in the past 24 hours.

Jiang Zhuoer: Bitcoin expected to hit the resistance range of $83,000 to $84,000, and will pull back after a "short squeeze"

Jiang Zhuoer, founder of LeBit Mining Pool, noted in a post that Bitcoin has halted its decline and rebounded before falling below $75,000, aligning with his earlier forecast. Given the recent rapid rally, Bitcoin may test the high resistance zone of $83,000 to $84,000 next. After short positions are liquidated, Bitcoin still has a chance to pull back to the $72,000 to $74,000 range to further clear out long positions.

Bitcoin surges past $79,000

According to HTX market data, Bitcoin has risen above $79,000, currently priced at $79,084 with a 3.75% 24-hour gain.

Bitcoin treasury firm ProCap Financial added to Russell 2000 and Russell 3000 indices

Anthony Pompliano’s bitcoin treasury firm ProCap Financial has been added to the Russell 2000 and Russell 3000 indices. The inclusion will take effect when U.S. stock markets open on September 21 (next Monday). The company previously announced it would rebrand to Silvia, Inc. on September 22, with its stock ticker changed to “SVIA”.

Bitcoin surges past $78,000, Ethereum breaks through $2,500

According to HTX market data, Bitcoin has surpassed $78,000, with a 2.01% gain in the past 24 hours. Ethereum has broken through the $2,500 level, posting a 1.22% increase over the same period.

Analyst: Bitcoin’s minor rebound is driven by short liquidations, its sustainability remains to be seen.

Analyst Axel Adler Jr. pointed out that over the past 24 hours, Bitcoin has climbed from $76,300 to $77,400, as the market’s buying-selling power balance has shifted toward buyers. Short positions make up the vast majority of liquidations: traders who bet on a price decline have been forced to close out their positions, a move that has in turn supported the upward price trend. The liquidation pressure oscillator rose from +0.48 a day prior to +54.52 as of September 18, and has stayed positive since the morning of September 17, signaling that the current short covering-driven dynamic remains in place. The analyst also flagged the fragility of this advantage: if the liquidation pressure oscillator drops back to zero, the liquidation balance will shift back to favor longs, and forced liquidations of bullish positions will generate selling pressure and deepen a downturn. This rally is clearly characterized by being driven by a short squeeze, with buying power only established over the past several hours. Whether this can translate into a more sustained upward move hinges on whether the liquidation structure can hold in a range favorable to longs.

Willy Woo: Bitcoin’s Fisher Transform golden cross points to a bottom, marking the 4th bottom signal in history.

Renowned crypto analyst Willy Woo analyzed Bitcoin’s (BTC) monthly chart using the Fisher Transform indicator, noting that the current golden cross on the metric marks the 4th bottom signal in history, with no false breakouts in the prior three instances. However, Woo emphasized this is not an immediate reversal buy signal; prices may first consolidate sideways before moving in their original trend. He added that during bull markets, the Fisher Transform has previously triggered a bearish death cross followed by a bullish golden cross, with the uptrend still intact afterward. Woo distinguishes between market tops and bottoms: At tops, long-term investor buying dries up, while speculative buying continues to push prices higher. The rally relies on momentum rather than sustained long-term holding support, leading to frequent false turning points. As such, Woo’s strategy is to reduce positions gradually instead of predicting exact peak levels. At bottoms, price drops create a buying vacuum as speculative investors exit. When prices fall to levels long-term investors deem valuable, buying resumes. With speculative activity limited, reversals are cleaner, making many technical indicators more reliable at bottoms than at tops. The Fisher Transform is a technical indicator developed by U.S. quantitative researcher John Ehlers in 2002. It first compresses prices and applies a mathematical transformation similar to normalization to make price distributions closer to a bell curve. This causes the indicator to spike or drop sharply near extremes, with more distinct turning points. Traders typically use golden crosses/death crosses of the indicator’s two lines to identify potential turning points, though the Fisher Transform signals a possible shift in price rhythm rather than an immediate reversal.

ZEC's founding scientist: ZEC's recent price surge is partly driven by concerns that Bitcoin has become overly rigid.

Eli Ben-Sasson, one of Zcash (ZEC)’s founding scientists, noted that some people—especially Bitcoin supporters—might not take kindly to his remarks, but he felt compelled to share them. He attributed ZEC’s recent price rally in part to concerns that Bitcoin has grown overly ossified, adding that he himself has a deep affection for and cares greatly about Bitcoin.

VanEck: Bitcoin Could Rise to $100,000 Next Year, Supported by Fiscal Concerns

VanEck Head of Digital Assets Research Matthew Sigel told CNBC in an interview that Bitcoin could surge to $100,000 next year, as concerns over government debt and fiscal sustainability underpin its price. Bitcoin’s volatility has fallen by roughly 50% compared to four years ago, a clear indicator that this cycle differs significantly from the previous one. Widespread over-indebtedness among global governments has helped Bitcoin maintain its resilience, he added. Sigel also noted that put options are trading at a substantial premium to call options, and the U.S. Treasury’s repurchase (repo) program has triggered a large wave of short covering, making the current time window favorable for Bitcoin bulls. Policymakers are unlikely to resolve unsustainable fiscal conditions, and further easing of market liquidity would provide an even stronger boost to Bitcoin. Discussions between VanEck and institutional clients including investment advisors and sovereign wealth funds show that these entities are all buying Bitcoin. VanEck also forecasts that the stablecoin market will continue to grow. While stablecoin regulation has been enacted into law via the GENIUS Act, banking lobby groups are still attempting to renegotiate the relevant arrangements. Earlier, the U.S. Senate failed to advance the Clarity Act, which aimed to establish a regulatory and market structure framework for crypto assets.

Bitcoin treasury firms have an average BTC holding cost of approximately $80,500, adding just 5,900 BTC over the past three months.

Glassnode data shows Bitcoin treasury firms have added just ~5,900 BTC over the past three months. At the current spot price of roughly $76,400, this translates to around $451 million in value. Most of these purchases came from Strategy, including 4,603 BTC it acquired in late August. By contrast, Bitcoin treasury firms added over 100,000 BTC in the same period last year—with 89,000 BTC bought in July 2025 alone. The average holding cost for these firms is approximately $80,500, some 6% higher than the current spot price, leaving the group overall in an unrealized loss position. Bitcoin Treasuries data indicates 181 listed companies collectively hold around 1.22 million BTC, with Strategy holding roughly 845,050 BTC. Other demand metrics have shown mixed results. U.S. spot Bitcoin ETFs have attracted billions of dollars in inflows since early August, but their year-to-date cumulative net inflows still lag by roughly $10 billion to turn positive. The Coinbase premium indicator has been negative for most of the period since May, while total stablecoin supply this year has largely stayed between $300 billion and $310 billion, with no notable growth recently.

Ansem: ZEC is currently in a phase comparable to Bitcoin's 2017 bull market launch period.

Crypto trader Ansem stated in a post that he has been bullish on ZEC since its price was around $300, with the privacy token now rising to roughly $1,500. He believes ZEC’s current stage mirrors Bitcoin’s position ahead of its 2017 surge from $1,000 to $20,000, and expects Zcash’s market performance to remain strong this year and next.

Yesterday, Bitcoin ETFs posted a net inflow of $159.5 million, while Ethereum ETFs recorded a net outflow of $39.3 million.

According to monitoring by Farside Investors, U.S. spot Bitcoin ETFs recorded a net inflow of $159.5 million yesterday, with IBIT seeing a net inflow of $183.7 million. Ethereum ETFs, meanwhile, posted a net outflow of $39.3 million, among which ETHA had a net outflow of $42.9 million.

Bitcoin Surpasses $77,000

According to HTX market data, Bitcoin has surpassed $77,000, posting a 0.96% gain in the past 24 hours.

Following the interest rate hike's implementation, US stocks staged a strong rebound, with chip stocks leading the rally; crypto treasury stocks rose broadly, while Bitcoin remained stuck at the bottom.

U.S. stocks closed on Thursday: the Dow Jones Industrial Average initially rose 0.6%, the S&P 500 gained 1.1%, and the Nasdaq climbed 1.69%. According to market data from BIT (bit.com), individual stocks saw chip stocks leading the gains: SK Hynix rose 4.6%, Nvidia gained 2.5%, AMD climbed 6%, Intel jumped nearly 7.6%, Arm advanced nearly 9%, and SanDisk increased 6.21%. While Bitcoin remains in a sideways consolidation phase at the bottom, crypto treasury stocks rose broadly yesterday. Among them, HYPE treasury stock PURR gained 12.15%, BNB treasury stock BNC climbed 13.87%, and both BMNR and MSTR rose nearly 5%. U.S. oil fell below the $100 threshold during the session, while Brent crude once dropped more than 4%. Spot gold rallied nearly 3% at one point, and New York copper rose over 2%.

Bitcoin and Ethereum ETFs See Massive Outflows: $328M BTC, $186M ETH in 24 Hours

Sept 17 Update: #Bitcoin ETFs: 1D NetFlow: -4,300 $BTC(-$328M)?? 7D NetFlow: -12,061 $BTC(-$919.92M)?? #Ethereum ETFs: 1D NetFlow: -76,217 $ETH(-$186.28M)?? 7D NetFlow: -32,343 $ETH(-$79.05M)??

PlanB: Bitcoin price has fallen below mining costs, future market performance hinges on a rebound in mining difficulty.

Renowned crypto analyst PlanB released a chart comparing Bitcoin’s network mining difficulty and price, noting that investors should wait for Bitcoin’s mining difficulty to rebound. The chart shows that as of September 16, the network’s total mining difficulty stood at around 127T, with Bitcoin’s price clearly trading below its production cost band. Between 2024 and 2025, the two metrics rose largely in tandem; in 2026, mining difficulty shifted to sideways movement and even dipped briefly, while Bitcoin’s price led the decline. PlanB argues that mining difficulty is a more accurate reflection of Bitcoin’s market price at this stage than models like S2F (Stock-to-Flow) and the power law, as it closely correlates with miners’ computing power and BTC production costs. He also emphasized that this is not an immediate buy signal, but rather a key metric to monitor miners’ production cycles: if mining difficulty rises again, it may signal miners ramping up operations, further confirming a market bottom; if difficulty continues to decline, the market remains in a deleveraging phase.

Bitcoin breaks through $77,000, posting a 1.77% gain in the past 24 hours.

According to HTX market data, Bitcoin has broken through $77,000, posting a 1.77% gain in the last 24 hours.

Alleged Gen Z trader 0xRay518 has been steadily adding to short positions in PONS and SNDK recently, and trimmed his Bitcoin short position this morning to lock in profits.

According to monitoring by TradingBeats (formerly Hyperinsight), 0xRay518, a prominent post-2000s crypto trader, added short positions in PONS and SNDK over the weekend. As of press time, the address holds $13.46 million worth of 10x SNDK shorts and $3.62 million worth of 3x PONS shorts, making it the second-largest short position holder on Hyperliquid. Separately, 0xRay518 cut his Bitcoin short position by 49.12 BTC this morning, and still holds $81.52 million worth of 20x Bitcoin shorts. Public records show 0xRay518 launched his investment career at 14 in 2020, trading shipping stocks with $3,000 in New Year’s lucky money, peaking at roughly $300,000 in profits before nearly blowing his account due to high leverage. Between 2021 and 2022, he pivoted to NFTs and crypto airdrops, earning his first substantial fortune from the Arbitrum airdrop. In 2025, he abandoned his mid-year high school senior exam halfway, went all-in with $1 million on TRUMP coin on the side, and exited with a 3x to 4x profit.

A prominent trader discusses FOMC’s impact on crypto: Macro narratives are mostly noise, and Bitcoin prices typically move ahead of macro trends.

Prominent trader Killa has shared insights on the potential impact of this week’s upcoming FOMC meeting on the crypto market. He noted that while many heavily rely on macroeconomics, policies, and economic data to predict asset moves, Killa argues "most macro narratives are just distractions." Killa explained that BTC often begins moving before its driving cause becomes obvious. By the time the macro environment shifts and the broader market catches on, Bitcoin has usually already completed its price move. Correlations tend to lag; markets don’t move because most people understand them—most people understand them because the market has already moved. On September 12, Killa analyzed that Bitcoin has been in repeated consolidation recently, with the market repeatedly hunting long positions below prior lows to clear leverage and gradually erode the confidence of long holders. This continuous "sweep lower" behavior typically signals the market’s final intent to reward longs, where the last sweep marks a local bottom, after which prices rally higher. A BTC-focused quant trader, Killa previously predicted the peak of this bull market in May 2025 and boasts over 200,000 followers on X. In mid-April, he shorted Bitcoin at $74,688, then shifted to long positions during the broad market sell-off on June 5.

UK-listed public company Satsuma has sold all 669.4867 bitcoins, and plans to return 30.719 million GBP to eligible shareholders.

UK-listed firm Satsuma Technology sold all 669.4867 bitcoins between July 24 and 31 at a volume-weighted average price of ￡47,667 per BTC, raising ￡31.912 million. The High Court of England and Wales approved on September 8 the cancellation of 11.236 billion Class B shares, and ordered a ￡30.719 million distribution to eligible shareholders, equal to ￡0.002734 per Class B share; each holder of common shares at the record date received one Class B share. After deducting approximately ￡2.6 million in transaction and termination costs and retaining ￡2 million in working capital, the funds are expected to be disbursed by September 28 via check, bank transfer, or CREST. The company had previously planned to delist from London on September 14, but the process has not yet been confirmed as completed.

Monday got off to a "bad start" for the crypto market, with the downturn continuing as Bitcoin fell below $77,000.

Trump once again urged the Federal Reserve to maintain low interest rates on Sunday, but after August inflation exceeded expectations, market bets on the Fed raising rates this week have risen to over 85%. Dual pressures from rate-cut and rate-hike expectations have left Walsh trapped in a "no-win situation". According to HTX market data, the crypto market continues its correction: Bitcoin fell below $77,000 to trade at $76,720, Ethereum at $2,474.88, BNB at $716.25, SOL at $99.61, and ZEC at $1,064.6. The total market capitalization of cryptocurrencies dropped 0.8% in 24 hours to $2.718 trillion. Per BIT (bit.com) market data, during Asian morning trading, both WTI crude oil and Brent crude oil saw their intraday gains expand to over 3% at one point. On the news front, Saudi Arabia shut down its east-west oil pipeline as a precaution following a prior attack, and a Gulf region conference has been postponed.

Viewpoint: Bitcoin has not hit a new high in nearly a year, and the historical pattern of quickly rallying to new highs after halving is now failing.

CryptoQuant analyst Darkfost noted that Bitcoin has not hit a new all-time high in nearly a year. As of now, it has been roughly 342 days since the last all-time high, approaching a full year. In previous cycles, Bitcoin would reach a new all-time high shortly after a halving, but this cycle’s pace has slowed. The next halving is expected around April 2028. Additionally, the interval between the previous cycle’s peak and the next all-time high has been shrinking: 1,180 days between 2014–2017, 1,094 days between 2017–2020, and 849 days between 2021–2024. Based on this trend, Darkfost inferred that if the shortening trend continues, even though Bitcoin has taken a year to break its prior all-time high this cycle, the new high may arrive faster than in previous cycles—there is no need to wait until 2028 under the old template of hitting a new high immediately after a halving. The cycle template is becoming less relevant, but the interval between new highs is shrinking and a new high is inevitable.

Garrett Jin: Bitcoin bulls are in an unfavorable position; the longer the bottom-digging market lasts, the higher the likelihood of breaking the support level.

Agent of the "BTC OG Insider Whale" Garrett Jin released a market outlook, stating that Bitcoin bulls are currently in an unfavorable position. BTC has been stuck above the $76,500 level, and he is not keen on this grinding bottom market. The longer this consolidation lasts, the more likely it is that this support level will be broken, leading BTC to seek a lower support rather than reversing immediately. For Bitcoin to look stronger, it must first reclaim and hold above the $78,300 level at minimum.

Analysis: The majority of investors who bought Bitcoin (BTC) in the past 3 to 6 months are reluctant to take profits at present, and have shifted to medium- to long-term trading.

Analyst Murphy says on-chain data can clearly reveal the trading sentiment of representative investors in the current phase. First, the group that bought BTC in the past 3–6 months has seen very little profit. In other words, most of those who bought at the bottom during this period are unwilling to take profits at current levels. These are the STHs (Short-Term Holders) closest to LTHs (Long-Term Holders). Traders not selling now are likely targeting medium- to long-term positions. Additionally, the group that bought BTC in the past 6–12 months has suffered significant losses, almost covering all tokens accumulated during the entire bear market. Many LTHs in this group are not genuine believers; they only became long-term holders passively after incurring unrealized losses. Thus, they are the most volatile group during every major dip or rally. From a macro cycle perspective, BTC will not fully enter its next phase until this selling pressure is gradually exhausted. Recently, Murphy published an article discussing why Bitcoin has struggled to break through the $82,000 level. First, STHs’ (Short-Term Holders) tokens are concentrated between $59,000 and $81,000. A break above $82,000 would trigger profit-taking from some short-term speculative capital, creating the first layer of selling pressure. Second, the most concentrated price range for LTHs’ (Long-Term Holders) tokens is exactly between $81,000 and $82,000. LTHs tend to exit when prices approach their break-even point, forming the second layer of selling pressure. The analyst notes that breaking through $82,000 is indeed a short-term resistance, as the market needs time to resolve divergences and absorb supply. Once the market regains momentum and successfully breaks through, the path ahead will be clear.

Bitcoin drops below $77,000, posting a 0.44% decline in the past 24 hours.

According to HTX market data, Bitcoin has fallen below $77,000, with a 24-hour decline of 0.44%.

Analyst: Bitcoin’s rally drives a slight rebound in activity among long-term holders, with the overall market set to remain relatively calm in 2026.

CryptoQuant analyst Darkfost stated in a post that this cycle could mark the most active period for Bitcoin Long-Term Holders (LTHs) in the current market cycle. Using the Coin Days Destroyed (CDD) heatmap to track relevant shifts, he explained that the metric counts how many days a Bitcoin is held before being spent or transferred, noting that LTH BTC transfers are generally linked to selling intentions. The uptick in LTH activity this cycle is likely fueled by increased market liquidity from spot Bitcoin ETFs and companies building Bitcoin treasury reserves. However, a rise in CDD does not always coincide with market tops—it can also signal capitulation by some holders. He added that Coinbase’s recent transfer of 800,000 BTC, a large portion of which had been held for over six months, also caused a temporary CDD spike, though such asset moves are one-off events. Currently, amid Bitcoin’s recent rally, LTH activity has edged up slightly, likely as some holders aim to lock in quick profits. Overall, however, such activity remains subdued in 2026, with long-term holders still waiting on the sidelines.

If Bitcoin falls below $76,000, the cumulative long position liquidation amount on major centralized exchanges (CEXs) will reach $394 million.

According to Coinglass data, if Bitcoin falls below $76,000, the cumulative long liquidation intensity on major centralized exchanges (CEXs) will reach $394 million. Conversely, if Bitcoin breaks above $78,000, the cumulative short liquidation intensity on major CEXs will hit $227 million. BlockBeats Note: Liquidation charts do not display the exact number of contracts awaiting liquidation or the precise value of contracts being liquidated. The bars on the chart represent the relative importance (i.e., intensity) of each liquidation cluster compared to adjacent clusters. Thus, the chart shows the degree of impact a given price level of the underlying asset will face. A higher "liquidation bar" indicates that once the price reaches that level, it will trigger a more intense reaction due to liquidity waves.

Analyst: Bitcoin has bottomed out, with $71,200 as the next potential buying zone.

Crypto analyst Ali Charts posted that Bitcoin has bottomed out. For investors who missed the buying opportunity below $60,000, BTC’s current rise to the $77,000–$80,000 range may feel anxiety-inducing, but chasing the rally now is not advisable. He noted that during previous bull markets, Bitcoin’s short-term holder cost basis has repeatedly served as an attractive accumulation zone. Reviewing market performance from 2022 to 2025, whenever BTC touched or briefly dipped below this cost basis, a macro buying opportunity emerged, followed by a sustained overall uptrend. Currently, Bitcoin’s short-term holder cost basis stands at around $71,200. Waiting patiently for BTC to pull back to this zone could offer a more favorable entry point for the next potential rally.

Revolut has disclosed that some users' KYC and Bitcoin transaction data may have been leaked, while its systems and funds remain unaffected.

Revolut disclosed that an unauthorized third party used an email address under the legitimate domain of a government agency to submit fraudulent requests for customer data access, exposing sensitive information of a small number of clients. The firm labeled the incident a "complex external impersonation scam", has blocked the relevant email, and stated its own systems and customer funds remain uncompromised. Potentially exposed data includes names, dates of birth, residential addresses, email addresses, phone numbers, copies of identity documents such as passports and driver’s licenses, identity verification selfies, account statements, IBANs, withdrawal records, and full transaction histories—including Bitcoin transactions. Mt. Gox’s former CEO Mark Karpelès has stated he is one of the affected individuals. Revolut has not disclosed the number of affected customers, whether the incident is limited to a single market, or the government agency whose domain was misused. The company has notified relevant government agencies, law enforcement bodies, data protection authorities, and financial regulators. On-chain investigator ZachXBT speculates the incident may be limited in scale but targeted high-net-worth users.

CryptoQuant: Bitcoin Needs to Break Through $81,700 to Confirm a New Bull Market

CryptoQuant Head of Research Julio Moreno noted that Bitcoin has temporarily stalled after a 24% rally over two weeks, currently trading in a range of $76,000 to $82,000. The overall trend remains bullish, but a breakout above the 365-day moving average near $81,700 is needed to confirm a new bull market; failure to do so could see prices continue consolidating within the range. On-chain data shows the immediate and primary supply resistance zone is between $77,100 and $80,200, where long-term holders sold a maximum of 539,000 BTC within 30 days this year. Subsequent resistance levels stand at $83,600 and $88,700, with the $88,700 area historically prone to active traders taking profits. Should Bitcoin turn south, the 200-day moving average near $70,000 may act as support; another support zone lies between $62,000 and $65,000, where long-term holders have accumulated roughly 476,000 BTC this year.

Bitcoin Suisse plans to cut up to half of its Swiss-based employees and shift some of its business overseas.

Bitcoin Suisse plans to cut up to 60 jobs in Switzerland, roughly half of its local workforce, while shifting some software development and back-office functions overseas. The Zug-headquartered firm has around 200 global employees and manages over $3 billion in digital assets under custody. It will also shutter its Copenhagen IT development hub, retain its Bratislava business center, and establish a new hub in Vietnam. CEO and co-founder Andrej Majcen noted that operations in Bratislava and Vietnam have far lower costs, adding that the restructuring is driven by the company’s international growth strategy, not the current challenging crypto market conditions. Bitcoin Suisse also aims to expand its offerings beyond crypto trading, custody, staking, and lending to include wealth and asset management services for high-net-worth individuals and institutional clients. Its Liechtenstein subsidiary secured authorization under the EU’s MiCA framework in June.