Bitcoin price pressure grows as September opens

Bitcoin slips to new local lows as September begins with thin liquidity and macro twists.

Bitcoin slides as September volatility gathers pace

Bitcoin opened the week around 107,270, hitting a new local low before a midday rebound lifted the pair toward 110,000. Traders describe the move as typical quiet-weekend volatility and a month that often tests risk appetite. With Labor Day in the United States, volume is light as participants await clearer signals from the macro front and the Federal Reserve path.

The week brings policy and tariff news that could add to market uncertainty. A US appeals court ruling creates ambiguity around tariff timing, while traders eye upcoming unemployment data and the Fed’s September meeting. Gold continues to press near all-time highs, highlighting divergent safe-haven dynamics as Bitcoin shows limited upside in the near term. Net ETF outflows for Bitcoin again underline a cautious stance from institutions even as price action keeps BTC in focus.

September has a reputation for pressure on risk assets, but this year’s setup is more nuanced. Bitcoin faces a landscape where seasonality, ETF outflows, and a cautious macro backdrop collide. While gold benefits from renewed inflation concerns, Bitcoin struggles to sustain momentum amid mixed demand from institutions. The picture suggests volumes may stay thin while macro catalysts like jobs data and Fed guidance drive the next leg, whichever direction it takes.

The market is testing whether new liquidity can rescue prices or if the long-term narrative of steady adoption will finally translate into durable gains. Traders watch for signs of a liquidity squeeze and for policy signals that could tilt risk sentiment back toward growth assets or away from speculative risk.

Highlights

Markets will reveal if Bitcoin can sustain a narrative beyond cycles and headlines.