Bitcoin surfs volatility catalysts as key US macro data combines with increasing worries over a BTC price capitulation event. Bitcoin (BTC) starts the second week of September facing crucial resistance as traders maintain downside targets. Bitcoin price action coils below $112,000 over the weekend, but fears of a 10% correction or worse are mounting. CPI week is here again, and markets are wondering how large next week’s Federal Reserve interest-rate cut will be. Read more
El Salvador was the first country to make Bitcoin legal tender, but it has since scaled back its Bitcoin laws and public sector involvement. El Salvador’s Bitcoin Office is celebrating “Bitcoin Day,” the anniversary of the Bitcoin (BTC) legal tender law taking effect in September 2021. The Bitcoin Office highlighted the country’s Bitcoin strategic reserve, which now holds 6,313 BTC, valued at over $702 million, and the new banking law, which allows BTC investment banks to serve sophisticated investors, in a Sunday X post. The government BTC agency also said 80,000 public servants have received a Bitcoin certification as of 2025, and added that El Salvador now hosts several public Bitcoin and artificial intelligence education programs. Read more
Tether CEO Paolo Ardoino says the firm “didn’t sell any Bitcoin” and is still allocating profits into BTC, gold and land. Tether CEO Paolo Ardoino has denied recent rumors that the stablecoin issuer is offloading its Bitcoin holdings to buy gold. In a Sunday post on X, Ardoino said the company “didn’t sell any Bitcoin,” and reaffirmed its strategy of allocating profits into assets like “Bitcoin, gold, and land.” The comments came in response to speculation from YouTuber Clive Thompson, who cited Tether’s Q1 and Q2 2025 attestation data from BDO to claim the firm had reduced its Bitcoin (BTC) position. Thompson pointed to a drop from 92,650 BTC in Q1 to 83,274 BTC in Q2 as evidence of a sell-off. Read more
Bitcoin retesting $100,000 would match previous BTC price dips since the end of 2024, Fibonacci retracement analysis shows. Key points: Bitcoin sees a modest rebound into the weekly candle close, but traders see key resistance overhead. BTC price action risks a much deeper drop if bulls fail to reclaim that resistance zone. Read more
An analyst forecasts Bitcoin may tap $50,000 in the 2026 bear market, Justin Sun urges WLFI to unfreeze tokens: Hodler’s Digest Several financial institutions and market analysts are now projecting the US Federal Reserve, the countrys central bank, will slash interest rates from the current target rate of 4.25%-4.5% at least twice in 2025. The banking forecasts followed a weak August jobs report that saw only 22,000 jobs added for the month, versus expectations of about 75,000. Analysts at Bank of America, a banking and financial services company, reversed their long-held stance of no rate cuts in 2025 and are now projecting two 25 basis point (BPS) cuts one in September and another in December according to Bloomberg. Read more
An analyst forecasts Bitcoin may tap $50,000 in the 2026 bear market, Justin Sun urges WLFI to unfreeze tokens: Hodler’s Digest Several financial institutions and market analysts are now projecting the US Federal Reserve, the countrys central bank, will slash interest rates from the current target rate of 4.25%-4.5% at least twice in 2025. The banking forecasts followed a weak August jobs report that saw only 22,000 jobs added for the month, versus expectations of about 75,000. Analysts at Bank of America, a banking and financial services company, reversed their long-held stance of no rate cuts in 2025 and are now projecting two 25 basis point (BPS) cuts one in September and another in December according to Bloomberg. Read more
The Bitcoin network mining difficulty continues its long-term upward trend, hitting an all-time high of 134.7 trillion on Friday. The Bitcoin (BTC) mining difficulty, the average difficulty level for mining a block on the network, climbed to a new all-time high of 134.7 trillion on Friday. Network difficulty hit a previous all-time high in August and steadily rose throughout the month, despite projections that network difficulty would decrease. Bitcoin’s hashrate, the average of the total number of hashes per second from all miners on the network, has fallen to 967 billion hashes per second, down from the all-time high of over 1 trillion hashes per second recorded on August 4, according to CryptoQuant. Read more
Bitcoin analyst PlanC says there is no reason for Bitcoin to reach a cycle high this year except for a “psychological, self-fulfilling prophecy.” Traders who predict Bitcoin will reach its cycle-high price by the end of this year may be misunderstanding the principles of statistics, a Bitcoin analyst says. It comes as several analysts have been forecasting the outcome for Bitcoin (BTC) in recent times. “Anyone who thinks Bitcoin has to peak in Q4 of this year does not understand statistics or probability,” PlanC said in an X post on Friday. Read more
Bitcoin’s brief rally above $113,000 disintegrated after a shocking US jobs report emerged. Is it time to add or cut risk? Key takeaways: Bitcoin briefly surged to $113,000 before reversing after weaker-than-expected US payrolls data. Onchain flows show $2 billion in stablecoin inflows and record open interest near all-time highs. Read more
Bitcoin price strength disappears despite nonfarm payrolls data cementing Fed rate cut bets, and bulls are nowhere to be seen. Key points: Bitcoin disappoints with volatility around US jobs data, resulting in a dive under $111,000. BTC price action gives up all its gains while gold goes on to hit yet another all-time high. Read more
The $1-to-Bitcoin-millionaire story is mostly a myth. Discover why early buyers faced extreme volatility, exchange collapses, lost private keys and more. It’s almost an irresistible daydream: step into a time machine, buy a pile of Bitcoin for pennies in 2010 and return to the present to find millions sitting in your account. In March 2010, the first recorded Bitcoin exchange price was about $0.003 per Bitcoin (BTC), and prices never rose above $0.40 that year. Today, BTC trades well into the six-figure range. Read more
Sora Ventures said the fund is backed by an initial capital commitment of $200 million from institutional partners across Asia. Crypto venture capital company Sora Ventures announced a $1 billion Bitcoin treasury fund, and said it plans to acquire the full amount within six months. On Friday at Taipei Blockchain Week, Sora Ventures founder Jason Fang unveiled what he called “Asia’s first $1 billion Bitcoin treasury fund” during a discussion titled, Introducing BTC Strategy into Major Asia Equity Markets. Sora said the fund is backed by a $200 million capital commitment from institutional partners across the region. In an article shared by Fang, the company said it aims to accelerate Bitcoin adoption among corporate treasuries. Read more
Bitcoin’s relief bounce above $112,000 liquidated shorts as analysts said BTC price may get an additional boost from the US jobs report. Key takeaways: Bitcoin breaks back above $112,000 on Friday as bulls clinch key support. More crypto market volatility is expected after the release of the US jobs report later on Friday. Read more