Crypto market dips ahead of inflation data 10/09/2026

OVERVIEW
0. Crypto market edges lower and trades sideways.
Across sources, Bitcoin traded between $77,800 and $78,200, down 0.15% to 0.88% in 24 hours. Ethereum moved around $2,462–$2,465, losing 0.49% to 1.31%; Solana hovered near $101.50–$103.86, down 0.39% to 2.05%. Total market cap was about $2.665 trillion with 24h volume at $82.25 billion, showing a slow-moving market.

KEY HEADLINES

1. Bitcoin fell 0.15–0.88% in 24 hours.
Brent crude jumped 3.36% to $101.21/barrel, the highest since May 22, amid rising US–Iran tensions. Meanwhile, the 10-year Treasury yield surpassed 4.85% after the US Treasury buyback program came in at $6 billion, below the expected $8–10 billion. These are the main headwinds keeping investors on the sidelines.

2. Ethereum lost 0.49–1.31%, Solana fell 0.39–2.05%.
Bitcoin dominance at 58.92% shows capital concentrating in BTC. As a result, ETH and SOL find it hard to break out amid weakening liquidity and cautious sentiment.

3. Zcash gained 8.59%, Dogecoin dropped 2.80%.
ZEC was one of the few altcoins bucking the broader downtrend, attracting short-term profit seekers. DOGE, meanwhile, continued to weaken due to a lack of supporting catalysts and low risk appetite.

4. Leverage liquidations reached $151.87 million in 24 hours.
Long positions accounted for 52.08% of total liquidations, dominating shorts. This shows many traders positioned for upside right before inflation data, only to be wiped out as the market moved sideways.

5. Total market cap was about $2.665 trillion.
The Fear & Greed index fell from 72 to 66–71, still in greed territory but cooling down. This reflects that investors still expect upside but are unwilling to open new positions before key events.

6. Fed rate hike odds stood at 60.1%.
Strong jobs data, including NFP +162,000 and unemployment at 4.1%, pushed expectations for a Fed move at the September 15–16 meeting. Higher rates remain a major risk for risk assets.

7. Analysts see a possible BTC bottom on 5/10/2026.
Glassnode says BTC needs to clear $86,000 to confirm upside momentum; losing the $62,000–$65,000 support zone could weaken the positive trend. Morgan Creek Capital predicts Bitcoin may bottom on October 5, 2026.

WHAT TO WATCH TODAY
PPI today (September 10) and CPI on September 11 before the FOMC meeting on September 15–16.

*Thông tin tổng hợp mang tính tham khảo, không phải lời khuyên đầu tư.*