Bitcoin slips below $77.5K as macro pressure offsets ETF inflows

Bitcoin traded near $77,500 on Sept. 1 as rising oil prices, higher bond yields and renewed US rate-hike concerns outweighed strong spot ETF inflows, while short-term technical indicators pointed to weakening momentum. Summary Bitcoin fell 1.6% in 24 hours after retreating from an intraday high near $79,225. The 4-hour price reached its lower Bollinger Band as trend strength dropped to a weak reading. US spot Bitcoin ETFs recorded $216.7 million in net inflows during the latest completed session. Liquidation data show leveraged positions clustered near $76,500–$77,000 and above $79,500. Bitcoin price loses short-term support According to data from crypto.news, Bitcoin (BTC) price was trading around $77,500 at the time of writing, down approximately 1.6% over the previous 24 hours. The asset reached $79,225 earlier in the session before sellers pushed it to an intraday low of $77,318. The retreat took Bitcoin below the $77,700–$78,000 short-term support range and left it about 4.6% below the recent local high near $81,280. BTC remains well above its main daily moving averages despite the pullback. The daily chart places the 20-day simple moving average at $73,198, while the 50-day a...