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Bitcoin trades near USD 77,106, up 0.2% on the day, holding below resistance near USD 78,000.
Today's US jobs report is the market's key catalyst, with the Fed meeting set for September 16.
Spot Bitcoin ETFs logged a USD 236 million outflow this week, breaking a steady run of daily inflows.
Bitcoin sat in a tight band near USD 77,106 heading into today's session, still carrying most of August's gains. Traders spent the morning positioning for the US jobs report due later today, widely seen as the clearest read yet on the Federal Reserve's next move. Renewed US-Iran military exchanges earlier this week had already pushed oil higher and rattled broader risk sentiment.
Ethereum and Solana tracked Bitcoin's cautious tone, both trading a touch below last week's peaks. On-chain data from Nansen showed Bitcoin needs to hold the USD 77,400 to USD 77,650 band to retest USD 80,000. Total crypto market capitalization held near USD 2.6 trillion, largely unchanged from Tuesday's close.
Bitcoin traded at USD 77,106.71, up 0.2% over the past 24 hours, per live CoinGecko data. Its market capitalization stood at USD 1.55 trillion. Trading volume over 24 hours reached USD 26.40 billion. Bitcoin has gained 1.4% over the past seven days.
Below is today's Daily Quote roundup from leading crypto market analysts on Bitcoin's near-term structure.
Mudrex Head of Business Prateek Gupta pointed to global bond yields climbing toward levels last seen during the 2008 financial crisis. This backdrop has pressured Asian equities and revived fears of a carry trade unwind.
He set USD 78,000 as the level Bitcoin needs to reclaim, with USD 76,400 marked as the support that matters most today.
The CoinSwitch Markets Desk flagged today's US employment report as the single biggest swing factor for Bitcoin this week. Futures currently price roughly a 64% chance of a September rate hike. A hotter-than-expected payrolls number could firm up that pricing fast, while a soft print may pull yields lower again.
Also Read: Bitcoin, Gold Funds Draw USD 7 Billion in Five Days: What’s Driving Investor Demand?
Delta Exchange analyst Riya Sehgal said Bitcoin and Ethereum are both attempting to stabilize after last week's sharp pullback. Bitcoin is defending support near USD 76,000, while resistance sits between USD 78,000 and USD 79,500.
She named elevated Treasury yields and lingering Iran-related risk as the two forces still capping upside momentum.
Source: CoinGecko, prices as of today's session.
Figure Heloc led the top ten with a 3.1% gain, followed by TRON at 1.3% and XRP above 1.2%. No coin in the top ten posted a decline over the past 24 hours today. Bitcoin was the slowest mover in the group, adding just 0.2% as traders held back ahead of the jobs data.
Today's US employment report lands as the week's defining event for crypto and broader risk markets alike. Economists expect unemployment to hold near 4.1%, with payroll growth watched closely for signs of labor market cooling.
A weaker-than-expected number could ease pressure on Treasury yields and revive appetite for Bitcoin. A stronger reading risks hardening bets on a September 16 rate hike, a scenario several desks flagged as bearish for risk assets this week.
US spot Bitcoin ETFs shed roughly USD 236 million this week, ending a stretch of consistent daily inflows that carried through most of August. BlackRock's IBIT accounted for the bulk of the exit on the heaviest outflow day.
The reversal suggests institutions trimmed exposure heading into the jobs report rather than adding into strength. Even so, August still closed as the strongest monthly period for spot Bitcoin ETF demand recorded so far this year.
CrowdStrike and federal authorities this week took down malware that had secretly siphoned cryptocurrency from victims for roughly eight years. The operation ran quietly in the background of infected machines, redirecting wallet transactions without alerting users.
The takedown highlights how persistent infrastructure-level threats remain across the crypto ecosystem, even as exchange security has matured. Analysts noted the case as a reminder that wallet hygiene still matters as much as platform-level protections.
Cronos briefly suspended blockchain operations this week to contain a USD 75 million exploit targeting lending protocol Tectonic. An attacker manipulated the price of an illiquid governance token before borrowing heavily against the inflated collateral.
The exploit renewed scrutiny of DeFi lending markets built around thinly traded governance tokens as collateral. Cronos said it is working with security partners to trace the funds and assess a path toward restoring normal network operations.
Michael Saylor's Strategy swung back into a paper profit above USD 2.8 billion following Bitcoin's recent rebound off July's lows. The company's roughly 840,000 BTC treasury is now valued near USD 66 billion at current prices.
Saylor's public post on the milestone sparked speculation the firm could resume weekly Bitcoin purchases after a two-month pause. Strategy had raised capital through share sales while trimming small Bitcoin amounts during the pause.
Russia activated its digital ruble system this week, opening regulated domestic crypto trading channels for the first time under state oversight. The country's largest bank confirmed plans to accept Bitcoin, Ether and Tether as lending collateral.
The move adds a sovereign adoption angle to an already crowded September calendar of policy events. Traders are watching whether other major economies follow with similar state-backed digital currency and crypto collateral frameworks of their own.
Also Read: Why are Crypto Projects Buying Back Their Tokens in 2026?
Today's jobs report carries outsized weight for Bitcoin's next move into the September 16 Fed decision. A soft print could ease pressure on yields and open the path back toward USD 78,000 resistance.
A hot number risks reinforcing hawkish bets and pulling Bitcoin toward the USD 74,000 support zone instead. Iran-related headlines remain a second swing factor still capable of moving oil and yields quickly. Desks recommend disciplined position sizing over leverage until both the data and the geopolitical picture settle down.
What is the Bitcoin price today?
Bitcoin trades near USD 77,106.71, up 0.2% over the past 24 hours, according to live CoinGecko data. Resistance sits near USD 78,000, while support holds close to USD 76,400, based on levels flagged across major trading desks tracking today's session.
Why is the US jobs report so important for crypto today?
Today's employment data is the clearest signal ahead of the Fed's September 16 meeting. A stronger print could reinforce rate hike odds and pressure Bitcoin, while a weaker number may ease yields and support a recovery toward resistance.
What is the biggest crypto news today?
Today's US jobs report, a USD 236 million Bitcoin ETF outflow, and the takedown of a long-running Russian crypto malware operation stand as the dominant headlines shaping sentiment across digital assets this session.
Which coins are performing best today?
Figure Heloc leads the top ten with a 3.1% daily gain, followed by TRON and XRP. No coin among the top ten posted a decline over the past 24 hours, keeping overall sentiment mildly constructive.
What should investors watch this week?
Track today's US jobs report, ongoing Bitcoin ETF flow data, and any fresh escalation in US-Iran tensions closely, since each could move crypto prices sharply into next week's Fed meeting.
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