{
  "id": 5392711,
  "title": "Bitcoin struggles to hold $80,000 as US demand weakens",
  "url": "https://urgent.news/2026/09/03/bitcoin-struggles-to-hold-80-000-as-us-demand-weakens",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-03T18:34:42.000Z",
  "source": {
    "name": "Ajel English",
    "slug": "ajel-english",
    "url": "https://english.ajel.sa/business/feg9bx91u"
  },
  "original_language": "en",
  "account": "Bitcoin is struggling to maintain the $80,000 level as US demand wanes and investor flows become volatile, while expectations of higher interest rates add further pressure. US-listed spot Bitcoin ETFs show fluctuating demand, with inflows in August coupled by outflows in recent days. The seven-day average Coinbase premium remains negative for over four months. Glassnode data indicates average daily inflows into Bitcoin ETFs reached $290 million during a rally, but trading activity stayed below previous levels. Analyst Tony Sycamore of IG Australia attributes much of Bitcoin's August rally to short covering, bringing net positions close to zero. The Federal Reserve Chair Kevin Warsh's hawkish stance at the Jackson Hole symposium reignited interest rate hike expectations, which could hamper Bitcoin's growth. The Federal Open Market Committee meets on September 15 and 16. Bitcoin is trading near $77,700, with long-term holders targeting a $83,000 to $86,000 range to sell, while technical support is expected around the $69,507 200-day moving average.",
  "summary": "Bitcoin faces difficulty maintaining the $80,000 level amid weak US demand, volatile investor flows, and renewed pressure from interest rate expectations.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}