Bitcoin News Today: BTC prices fall as probability of Fed rate hikes rises

Bitcoin News Today: Macro pressure intensifies, BTC trading near US$77,000

The core of today's Bitcoin news focuses on a key number that set the market tone for the day. The current BTC price is US$77,080.90. In the past 24 hours, the price has dropped 0.65%. The decline did not occur randomly, but coincided with a shift in traders 'expectations for the Fed's policy this week.

This week, Bitcoin's trend was highly convergent with the S & P 500 index, with a correlation of 66% within seven days. This linkage points to a common driver in both markets: interest rate expectations. Rather than a single bitcoin cryptocurrency news, it is dominating price movements.

Behind the decline revealed by today's Bitcoin news

The latest August inflation data is strong. The consumer price index (CPI) rose 3.4% year-on-year, unchanged from July. Core prices excluding food and energy rose by 0.3% monthly, with a cumulative increase of more than 2.4% over the past year. This combination of data changes the market's pricing expectations for the next Fed action.

The CME FedWatch tool's interest rate probability tracker shows that the current probability is close to 87.3%. This data is linked to possible hawkish outcomes from the Federal Reserve's September 15-16 meeting. The increased probability of tightening often hits non-yielding assets, and Bitcoin fits this characteristic.

• Overall CPI: 3.4% year-on-year
• Core CPI: 0.3% month-on-month
• FOMC meeting (Federal Reserve decision date): September 15-16, 2026
• The market's implicit hawkish probability: approximately 87.3%

This is the main clue running through today's Bitcoin news. It is interest rates, not a single headline, that drive price movements.

Bitcoin prices today: clear market snapshots and key data

Today's Bitcoin news shows that BTC prices are well below recent highs. Current data shows that the market is still absorbing the impact of CPI data.

Source: CoinMarketCap official

• Bitcoin today's price: US$77,080.90, down 0.65% in 24 hours
• Market value: US$1.54 trillion
• 24-hour trading volume: US$12.93 billion, down 46.62%
• Circulation supply: 20.08 million BTC
• Maximum supply: 21 million BTC
• Treasury holdings: 1.34 million BTC

This BTC price change is placed in the broader cryptocurrency market pattern and echoes most of today's Bitcoin news. As CPI data hit the order book, trading prices in most major currencies fluctuated between flat and falling.

Bitcoin ETF Capital Flow and Leverage: Driving Forces of the Crypto Market

Two forces are superimposed on macro pressures. The first is the selling wave triggered by leveraged bets. Within 24 hours, approximately $89.39 million in short positions were liquidated.

Source: Crypto Liquidation Dashboard (CoinMarketCap)

The second force comes from the U.S. spot Bitcoin ETF. These funds recorded net outflows for the fourth consecutive day, becoming a new record in this latest Bitcoin update.

• Weekly total net outflow: -462.73 million
• Cumulative net inflow since launch: 55.15 billion
• Total transaction volume on September 11: 2.6 billion
• Total net assets: US$97.58 billion, equivalent to 6.28% of Bitcoin's market value

Source: SoSoValue Data

This today's Bitcoin news also contains reactions from well-known market observers. The community pointed out two sides to this situation. Some commentators point out that Bitcoin's dominance is close to 59%. This reading suggests that capital is still stuck in BTC rather than leaving the cryptocurrency space entirely. Another indicator showed a Fear and Greed Index of 67. This coexists with high open interest rates. This combination has appeared in the past before sharp pullbacks.

Bitcoin Update: Support and Future Outlook

Chart analysts point to a range rather than a single line of defense. The $76,000 to $76,500 area has served as support during recent sales processes. Holding this range may keep Bitcoin stable ahead of the Federal Reserve's interest rate decision on September 15-16. A break below this area would point to the next support area, which is based on US$72,000 to US$74,000 near the previous swing level. These do not constitute any single source of Bitcoin price forecasts, but rather reflect the level of concern that price aggregation tools such as CoinMarket mark rather than certainty results.

Beyond the price level, open source hardware projects attracted attention in the Bitcoin community this week. The project, called Entropy32 Plus, uses Geiger counters to measure radioactive decay. This randomness translates into a BIP39 mnemonic for wallet recovery. Its design, code and shell files are all publicly available on GitHub for anyone to review or build.

Source: Entropy32 Plus on GitHub

Today's Bitcoin news shows that the market is being pulled by two forces. Flows from large funds continue to grow in the background, while short-term flows and macro data pull prices in the opposite direction. The real test will come on September 15-16. At that time, the Fed's speech will either consolidate or reset expectations already priced in the futures market. Once the decision is implemented, this Bitcoin cryptocurrency news picture may change again. The above are market notes only and do not constitute financial advice. Anyone acting accordingly should first verify the data with primary sources.

Disclaimer : This article is for reference only and does not constitute financial advice. Digital asset markets are risky and independent research is recommended before making any investment decisions.