Bitcoin Dips Below $108K Amid Whale Sales and Market Uncertainty

Published at 2025-09-09 16:13:05

On September 1, 2025, Bitcoin experienced a notable price drop, falling below $108,000 and closing around $108,600 after earlier trading near $114,000. This decline is attributed to a mix of cautious investor sentiment, macroeconomic factors, and significant selling pressure from a major Bitcoin whale holding over 100,000 BTC. This whale began liquidating holdings to convert assets into Ethereum, intensifying downward momentum.

Investor sentiment turned cautious because of declining ETF flows and an overall dip in major stock indices—the Dow, S&P 500, and Nasdaq—reflecting broader economic concerns. Inflation remains a pivotal factor, with the July Core PCE Index rising 2.9%, heightening uncertainty around interest rates.

Looking ahead, the market is awaiting key events such as the US non-farm payroll (NFP) data and upcoming bond auctions, both of which might impact liquidity and risk appetite. Notably, there is an 87.6% probability of a 25 basis point rate cut by the Federal Reserve in September, a move that could positively influence risk assets like Bitcoin.

Technical analysis points to psychological support levels at $100,000 for Bitcoin and $4,000 for Ether, suggesting potential floors during this period of volatility.

For investors looking to navigate these fluctuations intelligently, Bitlet.app provides an innovative Crypto Installment service. This option allows users to buy cryptocurrencies like Bitcoin and Ethereum now but pay over time through monthly installments, reducing upfront costs and enabling more flexible investment strategies during uncertain market periods.

Stay informed with Bitlet.app to take advantage of the smart ways of investing in crypto amid evolving market dynamics.

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