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Bitcoin trades near USD 83,075 as ETF inflows offset bond market pressure.
Zcash leads the top 12 gainers, while Hyperliquid lags ahead of a token unlock.
Wednesday's PCE data and Friday's payrolls could trigger fresh volatility.
Bitcoin is trading near USD 83,075 after buyers failed to hold USD 85,100 over the weekend. The total crypto market capitalization stands near USD 2.93 trillion, with Bitcoin dominance at 57%.
Spot ETF demand remains the steadying force, with inflows extending across seven straight trading sessions. Elevated Treasury yields keep risk appetite guarded, so traders now watch Wednesday's PCE print and Friday's payrolls.
Bitcoin trades at USD 83,075.59, down 1.1% over the past 24 hours, per live CoinGecko data. Its market capitalization stands near USD 1.67 trillion, while 24-hour volume is around USD 27.43 billion.
Below are today's Daily Quotes from leading market desks on Bitcoin's near-term structure.
Prateek Gupta, Head of Business at Mudrex, said Bitcoin hovers near USD 84,000 after USD 2.4 billion in ETF inflows. Profit margins at a 20-month high raise correction risk, so a weekly close above May's high matters.
Nischal Shetty, Founder of WazirX, said markets price a 65% chance of an October Fed hike, which limits liquidity expansion. Bitcoin trades near USD 83,775 with RSI at 62, while support sits at USD 83,300 to USD 83,500.
Vikram Subburaj, CEO of Giottus, said the market is consolidating after a sharp September rally as leverage builds. He advised limited leverage and staggered entries ahead of the September 30 PCE inflation release.
Also Read: Bitcoin Dominance Falls as Altcoins and Privacy Gain Ground
Riya Sehgal, Research Analyst at Delta Exchange, said Bitcoin slipped toward USD 83,500 after rejection near USD 85,000. A sustained break below USD 83,300 could expose USD 82,000 to USD 82,500 next.
Source: CoinGecko, prices as of today's session.
Zcash led the top 12 with a 4.6% gain on the day, extending its strong monthly rally. Hyperliquid was the biggest loser at 3.2% as a USD 904 million token unlock nears on Tuesday. Dogecoin and Ethereum also slipped 1.7% and 1.4%, while stablecoins held near parity.
The US 10-year Treasury yield stood near 5.17% this morning after briefly touching 5.23%, its highest level since 2007. Traders now price a 65% chance of an October Fed rate hike, which tightens liquidity expectations across risk assets.
WTI crude opened above USD 93 after Trump rejected Iran's proposal to reopen the Strait of Hormuz over the weekend. Persistent energy costs keep inflation worries alive, which limits how far Bitcoin can extend its recovery this week.
US spot Bitcoin ETFs attracted USD 2.386 billion last week, according to SoSoValue data reported today. Friday alone added USD 134.5 million, extending the streak to seven straight sessions of net inflows for these funds.
Spot Ether funds also drew USD 86.95 million on September 25, stretching their inflow streak to six sessions. Steady buying through volatile trading suggests institutions still treat pullbacks as accumulation opportunities, which supports the current price floor.
Bitget begins resuming withdrawals gradually today after attackers drained about USD 387.5 million from its hot and warm wallets. The breach ranks as the largest crypto hack of the year so far, and investigators suspect North Korean involvement.
The exchange says the vulnerability is fixed, and its Protection Fund will cover all user losses. THORChain drew criticism for refusing to block flagged addresses. Broader prices held steady, suggesting traders viewed the breach as isolated.
The Clearing House selected Quant's technology to build a tokenized bank-deposit clearing network, drawing heavy attention from institutional traders. QNT trades near USD 254 after a gain of more than 50% in 24 hours, per CoinGecko.
Trading volume climbed to roughly USD 1.33 billion, while the token's market capitalization reached USD 3.70 billion. Tokenization momentum is strengthening as Wall Street firms explore on-chain settlement, which supports sentiment toward real-world asset projects.
About USD 270 million in crypto positions were liquidated over the past 24 hours as leveraged traders felt the squeeze. Long positions accounted for most of the losses as Bitcoin slid from USD 85,100 toward USD 83,000.
Bitcoin implied volatility rose, which signals that traders expect wider price swings in the coming sessions. Rising leverage can amplify moves on either side, so PCE data on Wednesday remains the next major test.
Also Read: How Bitcoin Technical Analysis Works
Bitcoin is testing the USD 83,300 support zone as ETF demand absorbs macro pressure. A daily close above USD 85,000 would restore momentum, while a breakdown targets USD 82,000 to USD 82,500.
Investors should track Treasury yields, ETF flow data, and Wednesday's PCE release closely. Staggered entries and modest leverage remain the sensible approach after these swings.
1.What is the Bitcoin price today?
Bitcoin trades at USD 83,075.59, down 1.1% over the past 24 hours. Steady spot ETF inflows have limited the decline, even as Treasury yields stay near their highest levels since 2007.
2.Why is the crypto market under pressure today?
Elevated Treasury yields and rising Fed hike expectations weigh on risk assets. Sellers also defended the USD 85,100 level, which triggered about USD 270 million in liquidations across the market.
3.Are Bitcoin ETFs still seeing inflows?
Yes. US spot Bitcoin ETFs drew USD 134.5 million on September 25, marking a seventh straight day of inflows. Weekly inflows reached USD 2.386 billion, the strongest weekly haul since last October.
4.What should investors watch this week?
Track Wednesday's core PCE print, Friday's payrolls, and daily ETF flow data closely. These releases will decide whether Bitcoin defends USD 83,300 support or slides toward the USD 82,000 zone.
