Live Feed

The three major U.S. stock indices opened mixed today. - S&P 500: -0.19% - Nasdaq: +0.11% - Dow Jones: -0.31%

Bitcoin is being heavily influenced by moves in the stock market, and the current interest-rate outlook could also weigh on BTC, Bloomberg Intelligence senior commodity strategist Mike McGlone said in an analysis posted on X. McGlone said fed funds futures are pricing in about 0.5 percentage points of rate hikes over the next year. Under those conditions, BTC has typically shown weakness and then rebounded after futures-market expectations began shifting back toward easier monetary policy, he said. McGlone added that a stock-market decline is a key variable that could change monetary policy expectations, but it would be difficult for metals or crypto assets to rise on their own while equities are falling. He said risk assets, including BTC, are currently being driven largely by the direction of the stock market.

Grayscale’s Zcash ETF ZCSH has surpassed $400 million in assets under management. ZEC briefly rose above $1,000 today.

Robinhood Chain is currently not producing new blocks, AggrNews reported.

Traders are stepping up bets on a Federal Reserve rate hike in September, with the probability implied by the swaps market rising above 60%. The move came after the U.S. Bureau of Labor Statistics said August nonfarm payrolls increased by 162,000, above expectations for 55,000.

Major exchanges have seen $200 million worth of futures liquidated in the past hour. In the past 24 hours, $749 million worth of futures have been liquidated.

SUI has fallen by 4.02% in the past five minutes on the COINNESS market. Currently, SUI is trading at $0.75.

LINK has fallen by 3.71% in the past five minutes on the COINNESS market. Currently, LINK is trading at $11.58.

ZEC has fallen by 3.50% in the past five minutes on the COINNESS market. Currently, ZEC is trading at $974.97.

SOL has fallen by 2.83% in the past five minutes on the COINNESS market. Currently, SOL is trading at $101.34.

DOGE has fallen by 3.14% in the past five minutes on the COINNESS market. Currently, DOGE is trading at $0.09.

XRP has fallen by 2.73% in the past five minutes on the COINNESS market. Currently, XRP is trading at $1.42.

ETH has fallen by 2.65% in the past five minutes on the COINNESS market. Currently, ETH is trading at $2,460.6.

According to CoinNess market monitoring, BTC has fallen below $80,000. BTC is trading at $79,922.01 on the Binance USDT market.

The U.S. Bureau of Labor Statistics said U.S. nonfarm payrolls increased by 162,000 in August, above the market forecast for a gain of 55,000. The unemployment rate was 4.1%, in line with expectations of 4.1%. The nonfarm payrolls report released by the U.S. Labor Department is an official gauge of employment changes across the private and government sectors. Nonfarm payrolls and the unemployment rate are among the data points the Federal Reserve considers when making interest-rate decisions. Strong employment data, including higher payrolls and lower unemployment, can support consideration of a rate hike or a hold to prevent overheating, while weaker data, including lower payrolls and higher unemployment, can support consideration of a rate cut to bolster the economy.

CryptoQuant said Bitcoin trading has become markedly more active, led by the spot market, as BTC rose toward $80,000. The firm added that BTC spot trading volume has increased about threefold to fourfold, with Binance accounting for the largest share. Whale deposits to exchanges have also continued steadily, with the average deposit size topping 50 BTC per transaction. Altcoin inflows to exchanges have likewise increased about threefold, which suggests market participation has become more active again alongside Bitcoin’s price gains.

Nick Tomaino, founder of crypto venture capital firm 1confirmation, said ETH has 333x upside potential. Tomaino argued in English that as a trustworthy and neutral store of value, Ethereum is the only cryptocurrency in the world with value above $100 trillion, and with its current market capitalization at just $300 billion, that implies 333x upside. He added that, aside from Bitcoin and Ethereum, the remaining coins are corporate-owned tokens characterized by insider-driven price manipulation, ties to specific jurisdictions, and heavy reliance on business development and top-down marketing. Tomaino also said Ethereum has the most socially scalable structure in the crypto ecosystem, adding that Robinhood Chain L2 is proving this by expanding the EVM network effect and decentralizing Ethereum.

Bitcoin mining companies are seeing improved profitability as BTC has recovered $80,000, NewsBTC analyzed. The outlet said Bitcoin mining difficulty fell 1.31% in August, while hashprice rose to more than $39 per PH/s per day. That was more than 43% higher than the roughly $27 recorded in June. Still, the outlet noted the rise in Bitcoin prices does not automatically translate into better profitability for every miner. It added that if mining difficulty rises again, some of the gains in profitability could be offset. In the Bitcoin mining industry going forward, key indicators shaping profitability will include not only the BTC price, but also mining difficulty, hashprice, electricity costs, and major mining pools' share of block production.

Cardano founder Charles Hoskinson said some industry figures who attended a recent White House crypto summit could face investigations if Democrats regain control of Congress in this year’s U.S. midterm elections, according to The Crypto Basic. Responding to criticism that he was not invited to the White House crypto summit hosted by President Trump, Hoskinson said the event included Coinbase CEO Brian Armstrong, Ripple CEO Brad Garlinghouse, Robinhood CEO Vlad Tenev, and Gemini co-founders Tyler and Cameron Winklevoss. He argued that as controversy grows over cryptocurrency ventures linked to the Trump family and alleged collusion between the administration and the industry, crypto policy is shifting from a bipartisan issue to a political flashpoint. Hoskinson added that Democrats could intensify investigations into the industry over potential conflicts of interest or corruption.

If BTC rises above $83,032, about $1.589 billion in short positions could be liquidated across major centralized exchanges, according to CoinGlass data. If BTC falls below $80,057, about $896.66 million in long positions could be liquidated.

Binance said it will list MARSCOIN for spot trading at 1:00 p.m. UTC today. The listing will carry a seed tag, which Binance applies to tokens that may be more volatile and risky than other listed tokens.

Chloe, an HTX DeepThink columnist and HTX Research researcher, said Bitcoin has moved out of a bear-market structure and entered a key zone for confirming a trend reversal, but a new bull market has not yet been confirmed. Chloe said BTC has entered a supply zone between $81,000 and $86,000, and further gains need to be supported by genuine spot buying rather than a short squeeze. During BTC’s earlier rise from $60,000 to $80,000, about $3 billion in short positions were liquidated, while open interest fell about 11% afterward and funding rates stayed near neutral levels. Chloe added that U.S. spot Bitcoin ETFs saw more than $2.8 billion in net inflows during the August breakout phase, but posted about $46 million in net outflows over the first three trading days of September. Taken together, the current move appears closer to a phase of testing whether a further breakout can be sustained than to the start of a full-fledged bull market, Chloe said.

The National Sheriffs' Association (NSA), a major U.S. law enforcement group, has withdrawn its opposition to the Clarity Act, a crypto market structure bill, and shifted to a neutral stance, Cointelegraph reported. The NSA said stepping back was appropriate to allow the legislative process to move forward, citing the bill's complexity and key details that are still under discussion. The group had previously opposed the bill over concerns it could weaken law enforcement agencies' ability to investigate and crack down on illicit finance.

AEON announced the launch of Agentic Checkout, a feature that allows AI agents to autonomously handle product searches, purchases, and payments. Through Agentic Checkout, users can enter desired products and conditions in natural language, after which AI agents can search for items across the Shopify ecosystem and complete the process from cart building to payment. Payments are processed using the AEON AI Card. The card allows users to preset spending limits and payment authorization scopes, enabling AI agents to make payments without directly accessing a user’s main wallet or primary payment card. Agentic Checkout currently supports more than 3 million active Shopify stores and over 1 billion products. AEON said it plans to integrate the feature with cloud-based open-source e-commerce agents and expand support to shopping and payment platforms including Amazon and Travala.

ZEC rose 3.26% over the past five minutes on the CoinNess market and was trading at $1,006.64.