Bitcoin declines for fourth consecutive session, falls below $80,000

Bitcoin slid below $80,000 on September 10, marking its fourth straight session in the red. The largest cryptocurrency by market cap traded between $76,000 and $78,500 throughout the day, touching an intraday low near $76,663. That puts Bitcoin roughly 39% below its October 2025 high of $126,000, and firmly back in the middle of a trading range that has defined most of 2026. Since February, the asset has oscillated between $60,000 and $80,000, with the upper boundary proving stubbornly difficult to crack. A perfect storm of macro headwinds The selloff didn’t happen in isolation. Oil prices surged past $105 per barrel as tensions in the Middle East escalated again, dragging risk assets into a defensive posture across the board. Meanwhile, US inflation data came in hotter than expected, raising the odds of another Federal Reserve interest rate hike. Higher rates increase the opportunity cost of holding non-yielding assets like Bitcoin. When Treasury yields climb, capital tends to rotate toward safer, income-generating instruments. The $80,000 level has functioned as a ceiling for weeks now. Bitcoin encountered a notable rejection around $81,500 in late August, and every subsequent at...