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<a href="https://xpertsstudio.com/bitcoin-sell-side-risk-nears-record-low-but-etf-buyers-sit-on-paper-losses/” title=”Bitcoin Sell-Side Risk Nears Record Low, But ETF Buyers Sit On Paper Losses”>Bitcoin sinks below $77,000 for fourth straight session as inflation, oil and Fed fears mount
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Bitcoin sinks below $77,000 for fourth straight session as inflation, oil and Fed fears mount
Investors should remain measured. Bitcoin holding $75,700 keeps the recovery structure intact, but sustained ETF outflows and a hawkish Fed repricing could expose $71,800, says analyst.
Bitcoin price on Sept 11 representative image
- Bitcoin fell for 4th session, now around $76,864.
- US inflation, Middle East tensions, crude prices hurt Bitcoin.
- Fed rate decision, ETF outflows, CPI report are key factors.
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Bitcoin fell sharply in the early trade on September 11, extending its decline for the fourth straight session, with prices hovering just above $76,864 (08:23 IST), down 1.83 percent over the past 24 hours, and 4.77 percent over the week amid hotter US inflation data and rising Middle East tensions.
Rising crude prices also pressured broader risk assets. Attention now shifts to the Fed’s September rate decision next week.
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“The crypto market is seeing some profit-taking, with total market cap down 1.33 percent to $2.62 trillion, ahead of today’s CPI inflation report. If the numbers come in higher than expected, the Federal Reserve will likely raise interest rates next week to cool down the economy. Higher interest rates make safer investments like bonds more attractive, which usually hurts assets like crypto. However, if inflation turns out to be lower than expected, it could spark a quick relief rally,” Nischal Shetty, founder of WazirX, said.
Crypto analysts estimate that BTC, around $76.9K, is still showing a short-term downward trend, with $76K as the immediate support to watch and $78K as the key resistance. A sustained break below $75.5K could increase selling pressure, whereas a reclaim of $78K could trigger a short-term bullish setup.
According to Prateek Gupta, Head of Business at Mudrex, Bitcoin is extending its decline for a fourth straight session, testing the $76,000-$77,000 support zone after hotter-than-expected August PPI data that lifted September 16 Fed rate-hike odds to around 70 percent. “Glassnode’s sell-side risk ratio is near record lows, with long-term holders’ share of realised profits falling from 88 percent to 47 percent, suggesting new buyers are driving most of the selling.”
Meanwhile, spot ETF demand has weakened. US spot Bitcoin ETFs recorded $730.8 million in net inflows on September 3. The inflows fell to $174.6 million on September 4. The trend then reversed, with net outflows of $46.6 million on September 8. Outflows widened to $120.2 million on September 9, according to Farside. Oil is another major risk. Brent was near $109, while the US 10-year Treasury yield approached 5 percent amid escalating Middle East tensions. Higher energy prices could prolong inflation and keep financial conditions restrictive.
CoinDCX noted that the top gainers for the day are Bitway with an 11.7 percent jump, followed by Ether.fi by 8.7 percent and Aptos by 5.1 percent. On the other hand, Zcash tops the losers with a 13.9 percent plunge, followed by Pump.fun by 10.8 percent and Bitcoin Cash & Algorand by more than 9 percent each. The crypto fear and greed index has dropped to 55 as the market sentiment has flipped to neutral.
Here’s how major cryptocurrencies moved over the past 24 hours.
Key factors investors should watch
According to Riya Sehgal, a Research Analyst at Delta Exchange, Bitcoin’s near-term setup has weakened after breaking below its recent consolidation structure. The dollar has started to recover, while gold has slipped toward the $4,320–$4,350 region, suggesting the pressure is broader than crypto and is being driven by rates, inflation and dollar strength.
Vikram Subburaj, CEO of Giottus, suggests, “Investors should remain measured. Bitcoin holding $75,700 keeps the recovery structure intact, but sustained ETF outflows and a hawkish Fed repricing could expose $71,800. A clean break above $82,800, preferably accompanied by renewed ETF inflows, would materially improve the bullish case.”
Disclaimer: The views and investment tips expressed by experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
Dipen Pradhan is the Editorial Consultant for Moneycontrol. He has over 10 years of experience in the field of journalism and covers personal finance topics. He has previously worked at Forbes Advisor India, Outlook Money, Entrepreneur, Inc42, and The Statesman. When he is not writing he loves to travel to explore rural hotspots.
first published: Sep 11, 2026 09:04 am
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