Bitcoin traded near the $77,700 mark on Monday as subdued selling and a tougher macroeconomic environment kept the recovery from extending beyond $80,000. The cryptocurrency was last seen trading at $77,732.

3% to trade at $2,520. 34 billion between August 19 and September 4.

That demand helped BTC rec over from about $62,000 to $82,000. The immediate risk is the September 16 US Federal Reserve decision.

23%) Subburaj further said investors should avoid high leverage before the Fed decision. Bitcoin’s $76,600 support and the deeper $71,000 level offer clearer reference points for staggered entries..

Do you own any? 71 trillion, according to Coingecko.

4%. Prateek Gupta, Head of Business, Mudrex said Bitcoin remains range-bound between $76,000 and $77,000 after Friday’s volatility, as hotter-than-expected CPI data pushed Fed rate-hike odds above 85% and made investors more cautious.

Gupta further said that market signals remain mixed with on-chain data showing “extreme greed,” the highest since March 2024, while retail sentiment remains on the bearish end.. These events could decide Bitcoin’s next move, Gupta also said.

Riya Sehgal, Research Analyst, Delta Exchange, said Bitcoin is attempting to stabilise after defending the $76,000 region, with the latest rebound pushing price back toward $77,800. Ethereum is showing relatively stronger short-term structure, reclaiming $2,500 and trading near $2,517.

With the FOMC meeting approaching and oil prices and Treasury yields remaining important macro variables, we expect headline sensitivity and volatility to remain elevated, Sehgal further said.