BTC: why it moved
Generated 9/4/2026, 8:06:04 AM(New York) · Based on a real data snapshot at generation time
TL;DR
Bitcoin (BTC) is currently priced at $81,208, up 3.2% in the last 24 hours and 2.2% over the past week. The market is experiencing some fluctuations likely due to recent ETF inflows and upcoming economic data.
Recent price action
Bitcoin has seen a price increase of 3.2% in the last 24 hours and 2.2% over the past week. It is currently holding above $81,000, which indicates a strong support level. The recent rise could be linked to significant inflows from Exchange-Traded Funds (ETFs), which tend to attract more institutional investment.
What expectations are shifting
Market expectations are shifting regarding interest rates and Bitcoin's price. Currently, there is a 92% probability that the Federal Reserve will not lower interest rates at all in 2026. Meanwhile, the likelihood of Bitcoin dipping to $45,000 by December 31, 2026, has decreased to 7%, down 3.0 percentage points in the last week. This suggests that traders are becoming more optimistic about Bitcoin's price stability.
The next big event
The upcoming Non-Farm Payroll report for August 2026 will be released in approximately 0 days on September 4 at 20:30 Beijing time. Historically, Bitcoin has shown a typical price fluctuation of ±1.1% within 24 hours following such reports. In the last instance of this report, Bitcoin dropped by 0.2%, so market participants will be watching closely.
Risks
There are inherent risks with Bitcoin, particularly given its volatility. The current Fear and Greed Index is at 74, indicating a greedy market sentiment, which can lead to sudden price corrections. Additionally, if the upcoming economic data disappoints, it could impact Bitcoin's price negatively.