Ajaib says bitcoin trades below USD 80,000 as Fed hawkishness weighs sentiment

Reuters2026/08/31 04:09

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PT Ajaib Teknologi Indonesia flagged late-August crypto pressure from a hawkish Fed tone, rising geopolitical risk, ETF outflows.
Bitcoin fell 0.3% in 24 hours to USD 77,950; total crypto market cap slipped 0.7% to USD 2.6 trillion.
Spot Bitcoin ETFs posted USD 202 million outflows Friday; weekly outflows reached USD 924 million, ending a nine-day inflow streak.
Spot Ethereum ETFs recorded USD 102 million inflows Friday; weekly inflows totaled USD 824 million, extending a 10-day inflow run.
House view: Bitcoin seen in a USD 77,000-79,000 range today; Ethereum seen at USD 2,350-2,500.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PT Ajaib Teknologi Indonesia published the original content used to generate this news brief on August 31, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Ajaib says bitcoin trades below USD 80,000 as Fed hawkishness weighs sentiment

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