Bitcoin Faces a Major Macro Test
Bitcoin started September with a sharp move above $82,000, but failed to hold the $80,000 level decisively. According to AMBCrypto, the next major test could come from this week’s U.S. inflation data, which may significantly influence expectations for the Federal Reserve’s September decision. A hotter-than-expected inflation reading could pressure risk assets and trigger stronger BTC selling, particularly if leveraged traders begin unwinding positions. At the same time, Bitcoin’s underlying demand remains strong. CryptoQuant data shows spot buying pressure has climbed above $83 billion, while U.S. spot Bitcoin ETFs attracted nearly $731 million on September 3 alone. Over the past three weeks, ETF inflows have reached approximately $3.8 billion. The combination suggests institutional demand remains resilient despite growing macroeconomic uncertainty. For xbit.money users, upcoming inflation data could become an important catalyst for BTC exchange rates. Track Bitcoin prices and exchange digital assets through xbit.money.