{"id":118290,"date":"2025-09-01T14:36:40","date_gmt":"2025-09-01T10:36:40","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=118290"},"modified":"2025-09-01T14:36:44","modified_gmt":"2025-09-01T10:36:44","slug":"bitcoin-slips-to-two-month-low-as-traders-eye-u-s-jobs-data-and-etf-outflows","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/bitcoin-slips-to-two-month-low-as-traders-eye-u-s-jobs-data-and-etf-outflows\/09\/01\/market-updates\/","title":{"rendered":"Bitcoin Slips to Two-Month Low as Traders Eye U.S. Jobs Data and ETF Outflows"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p>Bitcoin extended losses on Monday, sliding to its weakest level in two months as heavy whale selling, soft ETF flows, and broader risk-off sentiment weighed on the crypto market.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Bitcoin Hits Fresh Two-Month Low<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The world\u2019s largest cryptocurrency dropped <strong>0.8% to $107,994.6<\/strong> by 02:42 ET (06:42 GMT).<\/li>\n\n\n\n<li>It earlier touched <strong>$107,274.6<\/strong>, its lowest since early July.<\/li>\n\n\n\n<li>Bitcoin has now lost over <strong>10% since its August record above $124,000<\/strong>.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Whale Selling and ETF Outflows Pressure Prices<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Media reports flagged <strong>large transfers from dormant whale wallets<\/strong>, with funds converted into Ether, signaling <strong>profit-taking by big holders<\/strong>.<\/li>\n\n\n\n<li>U.S. <strong>spot Bitcoin ETFs<\/strong> continued to log <strong>outflows<\/strong>, contrasting with strong <strong>Ethereum ETF inflows<\/strong> last month\u2014highlighting a <strong>shift in institutional preference<\/strong>.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Seasonal Weakness Adds to Bearish Tone<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Bitcoin\u2019s pullback aligns with its <strong>historical September weakness<\/strong>, often referred to as \u201cRed September,\u201d when risk assets face <strong>higher volatility<\/strong> and reduced investor appetite.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Rate Cut Bets in Focus Ahead of Jobs Report<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Markets see an <strong>89% chance of a 25 bps Fed cut<\/strong> in September (CME FedWatch).<\/li>\n\n\n\n<li>Fed Chair <strong>Jerome Powell<\/strong> recently acknowledged risks to the labor market, signaling potential policy adjustments if inflation continues to moderate.<\/li>\n\n\n\n<li>Friday\u2019s <strong>U.S. nonfarm payrolls<\/strong> report will be pivotal in cementing rate cut expectations.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Broader Headwinds: Tariffs &amp; Fed Independence<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Market unease also stems from <strong>Trump\u2019s shifting tariff policies<\/strong> and his <strong>attempt to dismiss Fed Governor Lisa Cook<\/strong>, a move raising concerns over Fed independence.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Crypto Market Snapshot: Altcoins Mixed<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Ethereum (ETH):<\/strong> down 0.8% to <strong>$4,398.68<\/strong>.<\/li>\n\n\n\n<li><strong>XRP:<\/strong> slid 3.3% to <strong>$2.73<\/strong>.<\/li>\n\n\n\n<li><strong>Solana:<\/strong> -1.6%, <strong>Cardano:<\/strong> -2.8%, <strong>Polygon:<\/strong> +3.6%.<\/li>\n\n\n\n<li>Meme tokens were volatile: <strong>Dogecoin fell 2.8%<\/strong>, while <strong>$TRUMP gained 3.3%<\/strong>.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin extended losses on Monday, sliding to its weakest level in two months as heavy whale selling, soft ETF flows, and broader risk-off sentiment weighed on the crypto market. Bitcoin Hits Fresh Two-Month Low The world\u2019s largest cryptocurrency dropped 0.8% to $107,994.6 by 02:42 ET (06:42 GMT). It earlier touched $107,274.6, its lowest since early &hellip;<\/p>\n","protected":false},"author":9,"featured_media":99111,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[40,6827,49,36],"tags":[],"class_list":["post-118290","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-cryptocurrencies","category-daily-economic-reports","category-economic-reports","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/118290","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=118290"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/118290\/revisions"}],"predecessor-version":[{"id":118291,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/118290\/revisions\/118291"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/99111"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=118290"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=118290"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=118290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}