Bitcoin Hits Resistance at $81.3K Amid Macroeconomic Uncertainty
Bitcoin is trading near $79,700, facing resistance around $81,259 after a strong 25% gain in August driven by $3.52 billion inflows into U.S. spot Bitcoin ETFs.
The price could test $83,000 if it breaks above resistance but may fall to $76,206 or deeper support between $72,000 and $74,000 if rejected.
Recent U.S. jobs data increased expectations for a Federal Reserve rate hike in September, adding macroeconomic uncertainty.