BTC: why it moved
Generated 9/1/2026, 8:06:10 AM(New York) · Based on a real data snapshot at generation time
TL;DR
Bitcoin (BTC) is currently priced at $78,014, with a slight increase of 0.1% in the last 24 hours but a decrease of 1.2% over the past week. The market sentiment shows a mix of optimism and caution.
Recent price action
BTC is priced at $78,014 right now. In the last 24 hours, it has increased by 0.1%. However, over the past week, it has dropped by 1.2%. The perpetual funding rate is at 0.0048%, indicating that long positions are currently paying a small fee.
What expectations are shifting
Market expectations are changing. The probability of the Federal Reserve lowering interest rates by 25 basis points in September 2026 is currently at 1%, down by 0.7 percentage points in the last week. Meanwhile, the chance that Bitcoin will dip to $45,000 by December 31, 2026, is now at 8%, which is a decrease of 2.0 percentage points over the past week. On the other hand, the probability that the Fed will not cut rates at all in 2026 has increased to 89%, up by 2.7 percentage points in the last week.
The next big event
The next significant event is the non-farm payroll report for August 2026, which will be released in about 3 days on September 4 at 20:30 Beijing time. Historically, Bitcoin has shown typical volatility of ±1.1% within 24 hours following such reports, with a mixed outcome in the past (5 out of 14 times it increased).
Risks
Currently, there are no clear news drivers affecting Bitcoin's price. The fluctuations may be more related to natural market movements and capital inflows and outflows. Keep an eye on upcoming economic data, as it could influence market sentiment and Bitcoin's price in the near future.