Exchange Ranking
Top Exchanges
24h Volume Ranking
Popularity Ranking
Exchange BTC Balance
Proof of Reserves
Decentralized Exchanges
Funding Rate
Funding Heatmap
Liquidation Data
Max Pain
Long/Short Ratio
Whale L/S Ratio
Binance/Okex/Huobi L/S
Bitfinex Margin L/S
ETF Tracker
Solana ETF
XRP ETF
Hong Kong ETF
Bitcoin Treasuries
Crypto Reversal
Ethereum Reserves
HyperLiquid Wallet Analysis
Hyperliquid Whale Watch
Large Transactions
On-chain Movement
Bitcoin ROI
Stablecoin Market Cap
Options Analysis
News
Articles
Economic Calendar
Features
Wallet
Contract Calculator
Security
Collections
Watchlist
Following
BTC Bitcoin broke through the US$81,000 mark, rising interest rate cuts resonated with strong demand for ETFs
As market concerns about interest rate hikes subsided and demand for spot Bitcoin exchange-traded funds (ETFs) increased significantly, Bitcoin prices successfully climbed above US$81,000. Data showed that the spot Bitcoin ETF recorded a net inflow of US$730.9 million, setting an eight-month high. Analysts pointed out that $83,000 is a key resistance level, while $82,300 could become an important watershed in distinguishing bullish and bearish trends.
Bitcoin (BTC) rose 4.3% to $81,069 on Friday, extending a three-week rally. Strong ETF demand has given new impetus to the recovery, and investors are watching closely to test the pressure level above $82,000 again. At the same time, markets generally view $83,000 as the next major resistance area. If this level can be effectively exceeded, it will further consolidate Bitcoin's bullish prospects.
The easing of interest rate expectations provides upside for Bitcoin
In the previous trading day, Bitcoin briefly exceeded the US$82,000 mark, the highest level in nearly four months. Friday's rise came on the heels of growing confidence in U.S. monetary policy. Recent comments by Federal Reserve Governor Christopher Waller have contributed to this shift in sentiment. He told Reuters he preferred to keep interest rates unchanged, a view based in part on signs of cooling inflation data. Waller's comments quickly sent Treasury yields down.
Falling yields usually benefit the performance of risky assets such as Bitcoin. After Waller's speech, market expectations for raising interest rates also changed dramatically. The Chicago Mercantile Exchange's FedWatch tool shows that the probability of a September rate hike has dropped to 50.4%, compared with above 60% earlier this week. Lower interest rate hike expectations provide another reason for crypto traders to increase exposure.
In addition, Bitcoin broke through key technical indicators in this rebound. Analyst Ash Crypto pointed out that bitcoin prices broke the weekly 50-day moving average, which was around $80,400 at the time of the breakthrough. He described this as a major technological breakthrough and believes that $83,000 is the next important resistance level. If the weekly closing price stabilizes above the 50-day moving average, it is expected to strengthen bullish sentiment and support broader market recovery expectations.
Regulatory progress becomes another big bullish catalyst
Positive developments at the regulatory level have also improved the broader crypto market environment. Securities and Exchange Commission Chairman Paul Atkins expects the Senate to vote on the Clarity Act on September 15. Atkins hopes lawmakers can submit the bill to President Trump for signature by the end of the month. The SEC also plans to introduce independent encryption legislation that supports the proposed framework.
Such developments have brought greater transparency to the digital asset industry and helped boost market sentiment around crypto-related investments. As institutional confidence increases, Bitcoin is expected to benefit. The crypto stock sector has also joined the latest rally. Strategy, the largest holder of enterprise-level bitcoin, rose nearly 18% on Thursday.
The broader crypto stocks sector also recorded strong gains. The rise in crypto stocks often reflects improved confidence in the digital asset space. However, Bitcoin still faces a critical test near $82,300. CryptoQuant data shows that the 365-day moving average is roughly at this position. Historically, this moving average has been an important indicator to distinguish bull and bear market conditions. Therefore, if we can continue to stand above US$82,300, it will be of great technical significance.
