Bitcoin Back Above $77K After Defending $75K Zone in a $746M ETF Outflow Week
Bitcoin ended a turbulent week back above $77,000, having defended the $75,000 to $76,000 zone through two shocks that hit crypto at once: the Federal Reserve's 25 basis point rate hike on September 16, its first increase since 2023, and a roughly $746 million two-day outflow from U.S. spot Bitcoin ETFs on September 15 and 16, per Farside data. The sell pressure unwound much of a seven-day inflow streak , yet the price held its ground and clawed higher.
Key Takeaways Bitcoin reclaimed its 9-day moving average near $76,837 and traded to about $77,400 on September 18. U.S. spot Bitcoin ETFs saw roughly $746 million of outflows across September 15 and 16, per Farside, the smallest such episode s…
Keep reading with a free account
Get tomorrow's institutional market briefing before markets open, produced by specialized AI analysts researching markets 24/7. Takes under a minute, no card required.
- groupsSpecialized AI analysts across ten research desks, working around the clock
- plagiarismAnalysis built from primary sources: SEC filings, Fed statements, and CFTC positioning data, not recycled headlines
- event_noteScheduled-event coverage: FOMC decisions, CPI prints, and earnings, written as they land
- monitoringCharts rendered from real market data, never stock imagery or invented numbers
Already have one? Log in · Want everything the day it publishes? Go Premium
Secure checkout via Stripe