Bitcoin consolidates around $77,000 as investors assess US interest-rate outlook

Benchmarks Nifty22,622.70-99.25FEATURED FUNDS★★★★★UTI Aggressive Hybrid Fund Regular Plan-Growth5Y Return8.71 % Invest NowFEATURED FUNDS★★★★★Motilal Oswal Midcap Fund Direct-Growth5Y Return19.29 % Invest NowEnter search text:

The Economic Times daily newspaper is available online now. Read Today's Paper Bitcoin consolidates around $77,000 as investors assess US interest-rate outlookBy Surbhi Khanna, ET OnlineLast Updated: Sep 03, 2026, 03:48:00 PM ISTSynopsis

Bitcoin traded around $77,863 on Thursday as investors weighed improving risk sentiment against uncertainty over US interest rates and upcoming employment data. While BTC and Ethereum attempted a recovery, analysts said key resistance levels remain crucial, with Bitcoin needing to reclaim $78,400 for stronger short-term momentum.

Listen to this article in summarized format

Loading...×Bitcoin consolidated around the $77,000 mark on Thursday as investors balanced improving global risk sentiment against persistent uncertainty around US interest rates. The cryptocurrency was trading at the $77,863 mark.

In the past 24 hours, Bitcoin was up 1.08% and Ethereum was up 0.14% to trade at the $2,404 mark. Among the major altcoins, BNB, XRP, Solana, Tron, Hyperliquid, Dogecoin, and Cardano gained up to 6.50%.

Also Read |International funds outperform domestic peers as subscriptions resume. Should investors increase global allocation?

Crypto TrackerTOP COINS (₹) Tether95 (0.05%)Bitcoin7,776,433 (-1.66%)BNB69,366 (-1.66%)XRP127 (-2.33%)Ethereum231,806 (-2.64%)Vikram Subburaj, CEO of Giottus, said the market remains in consolidation and the latest on-chain picture is mixed. Bitcoin's August rally stalled below substantial long-term-holder supply between $83,000 and $86,000.

Attention now turns to Friday's US employment report, where economists expect around 56,000 new jobs, with unemployment at 4.1%, Subburaj further said.

Live Events

The global crypto market capitalisation went up 0.59% to $2.63 trillion, according to CoinMarketCap. The crypto fear and greed index is at 63, which suggests the market sentiment remains greedy, said the CoinDCX Research Team.

Avinash Shekhar, Co-Founder & CEO, Pi42, said Bitcoin is attempting to establish a firmer base around the $77,700 level, while Ethereum, near $2,400, continues to track the broader market direction.

He further said that At this stage, investors may benefit from focusing on confirmation rather than chasing sudden price moves. Gradual accumulation at defined levels, along with close attention to trading volumes and Bitcoin’s ability to sustain higher levels, could offer a more measured approach.

In the past week, Bitcoin and Ethereum were down 2.51% and 5.06%, respectively. Among the major altcoins, BNB, XRP, Solana, Tron, Hyperliquid, Dogecoin, and Cardano corrected up to 6.48%.

Riya Sehgal, Research Analyst at Delta Exchange, said Bitcoin and Ethereum are attempting a recovery after the recent risk-off move, but crypto remains under pressure from geopolitical tensions and inflation concerns.

BTC needs $78,400 and ETH $2,425 to improve short-term momentum. Until then, resistance rejections and support breaks remain key risks, Sehgal further said.

Also Read |HUDCO shares jump 4% after signing Rs 25,000 crore MoU with Bihar government for infrastructure development

Here is what other experts say

Nischal Shetty, Founder, WazirX: Reclaiming resistance could strengthen buyer control, whereas losing support may expose the secondary $74,500-$75,000 zone. Momentum remains conditional on sustained participation above nearby moving averages during coming sessions.

Prateek Gupta, Head of Business, Mudrex: Bitcoin remains near $77,000 as higher global bond yields rise to their strongest levels since the 2008 financial crisis, keeping risk assets under pressure. Rising yields have weighed on Asian equities and strengthened the yen, reviving concerns over a carry-trade unwind that has previously triggered Bitcoin selloffs.

CoinSwitch Markets Desk: BTC slipped below $77K after U.S. military strikes on Iran pushed oil prices higher and increased caution across global markets. Attention now shifts to Friday’s U.S. jobs report, which could be the key macro trigger for BTC this week.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Add as a Reliable and Trusted News Source Add Now!
(You can now subscribe to our ETMarkets WhatsApp channel)
Read More News onBitcoin price todayBitcoin priceBTC USDBitcoin consolidationEthereum pricecrypto market todayBitcoin resistance levelUS jobs reportcrypto market capitalisationcryptocurrency market

(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

...moreless
(You can now subscribe to our ETMarkets WhatsApp channel)
Read More News onBitcoin price todayBitcoin priceBTC USDBitcoin consolidationEthereum pricecrypto market todayBitcoin resistance levelUS jobs reportcrypto market capitalisationcryptocurrency market

(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

...morelessPrime ExclusivesInvestment IdeasStock Report PlusePaperWealth Edition

• The ABCD of the US mid-term elections – Part 1: Why it matters across the globe

• Onion inflation at 108%? Yes, but not really. What is different this time?

• Curbing rupee bets: What the RBI’s new rules mean for the hedge-now-or-wait question

• Brinjal, buffalo, bacteria: Inside India’s pay-for-nature system

• Homebuyers wait as NCLT panel picks holes in unfinished Jaypee projects

• The NBFC saga - Part 3: How one default in 2018 changed the way RBI reads risk

• 1
• 2
• 3

View all StoriesContinue reading with one of these options:Limited AccessFreeLogin to get access to some exclusive stories
& personalised newslettersLogin NowUnlimited AccessStarting @ Rs120/monthGet access to exclusive stories, expert opinions &
in-depth stock reportsSubscribe NowET

Unlock Access to All Exclusives with ETPrime FREE TRIAL

15 Days Free: Unlock All ETPrime Exclusives, Market Tools & ePapers

Trial offer expiring in00 : 05 : 00

I'd rather pay ₹2599 now

Uh-oh! This is an exclusive story available for selected readers only.

Worry not. You’re just a step away.

Prime Account Detected!

It seems like you're already an ETPrime member with

Login using your ET Prime credentials to enjoy all member benefits

Log out of your current logged-in account and log in again using your ET Prime credentials to enjoy all member benefits.

Unlock ETPrime's Exclusive Stories Today!

Big Price Drop! Flat 40% Off

Student Only OfferAlready a Member? Sign In nowAlready a Member? Sign In nowAlready a Member? Sign In now

Offer Exclusively For You

Save up to Rs. 700/-

ON ET PRIME MEMBERSHIP

Avail Offer

Offer Exclusively For You

Get 1 Year Free

With 1 and 2-Year ET prime membership

Avail Offer

Offer Exclusively For You

Get 1 Year Free

With 1 and 2-Year ET prime membership

Avail Offer

Offer Exclusively For You

Get Flat 40% Off

Then ₹ 1749 for 1 year

Avail Offer

Offer Exclusively For You

ET Prime at ₹ 49 for 1 month

Then ₹ 1749 for 1 year

Avail Offer

Special Offer

Get flat 40% off on ETPrime

Avail OfferAvail OfferClaim NowAlready a Member? Sign In now

Need Assistance?

Connect with an ETPrime expert for personalized support and guidance

+91 9484700004'; }); } if(listing) { var h3 = "You tried reading " + listArr.length + " locked stories in the past " + threshold + " days.", h4 = "Become an ET Prime member and don't miss out on these exclusive stories."; var html = '

' + h3 + '

' + h4 + '

' + listing + '

'; $('#paidSCWidget').html(html); var callback = $('#paidSCWidget').attr('data-callback'); if(callback && window[callback]) { window[callback](); } customDimension.dimension72 += ' | Shown SYFT no Trial_With Missed Paywalled Articles Collection'; } else { _processNormal() } } }); } else { _processNormal(); } } catch (e) { _processNormal(); } }, function () { _processNormal(); }); //console.log('storyCollectionLoad', $); }

What’s Included with

ETPrime Membership

1Exclusive Insights That Matter

Uncover the truth with our investigative stories

Make strategic moves using the real-world case studies

Read industry-specific stories to identify emerging trends

Spot opportunities with
in-depth insights that matter

• Trump temper on H-1B visas is forcing Indians to do these things to stay put in US

  What Adani’s US indictment means for India Inc’s overseas fundraising

• Why veterans like Reliance, L&T are on acquisition spree? Aswath Damodaran has an answer.

  Will China’s dollar bond sale in Saudi Arabia trump the US in financial world?

• Huawei launches its own OS to compete with Google and Apple. But can it win beyond China?

  The problem with lab grown diamonds

• Why a falling rupee is a better option for the economy

  A list of top 20 momentum stocks that have delivered massive returns in one year

2Invest Wisely With Smart Market Tools & Investment Ideas

Alpha Trade

Get daily trade ideas from SEBI-registered research analysts.

Investment Ideas

Grow your wealth with stock ideas & sectoral trends.

Stock Reports Plus

All-in-one stock research with Stock Score, peer comparison & key signals.

BigBull Portfolio

Get to know where the market bulls are investing to identify the right stocks.

Stock Analyzer

Check the score based on the company's fundamentals, solvency, growth, risk & ownership to decide the right stocks.

Market Mood

Analyze the market sentiments & identify the trend reversal for strategic decisions.

Stock Talk Live at 9 AM Daily

Ask your stock queries & get assured replies by ET appointed, SEBI registered experts.

3Stay informed anytime, anywhere with ET ePaper

ePaper - Print View

Read the PDF version of ET newspaper. Download & access it offline anytime.

ePaper - Digital View

Read your daily newspaper in Digital View & get it delivered to your inbox everyday.

Wealth Edition

Manage your money efficiently with this weekly money management guide.

TOI ePaper

Read the PDF version of TOI newspaper. Download & access it offline anytime.

Deep Explainers

Explore the In-depth explanation of complex topics for everyday life decisions.

Health+ Stories

Get fitter with daily health insights committed to your well-being.

Personal Finance+ Stories

Manage your wealth better with in-depth insights & updates on finance.

5Enjoy Complimentary Subscriptions From Top Brands

Stream new documentaries from all across the world every day.

Stories you might be interested in