Bitcoin Stalls Near $77,000 as Ethereum, XRP, Dogecoin Drop 2%

Bitcoin is hovering near $77,000 amid concerns over a potential Federal Reserve rate hike and September’s historically weak seasonality.CryptocurrencyTickerPriceBitcoin$77,238Ethereum$2,417Solana$100.82XRP$1.37Dogecoin$0.0823Shiba Inu(CRYPTO: SHIB)$0.055188Notable Statistics:Coinglass data shows 70,352 traders were liquidated in the past 24 hours for $216.58 million. SoSoValue data shows net inflows of $216.7 million from spot Bitcoin ETFs on Monday. Spot Ethereum ETFs saw net inflows of $87.7 million.In the past 24 hours, top gainers include Arbitrum, Curve DAO and Uniswap.Notable Developments:Is Bitcoin’s Best August in Years Ready for September Volatility?Bitcoin Rallied 172% and 350% After Its Last Gold Correlation Spikes: Will History Repeat?Dollar ‘Endgame’ Is Great News For Bitcoin and Gold, Says Industry ExpertBitcoin On-Chain Analysis Shows Whales Are Buying—But So Is ‘Hot Money’Gary Cardone Calls $5M Bitcoin ‘Stupid’ but Critic Says That’s a ‘Logical Fallacy’Strategy Slams MSCI Rule as a ‘Pretext’ to Exclude Bitcoin CompaniesRipple, SettleMint Team Up Amid ‘Surprisingly Resilient’ XRP ETF FlowsTrader Notes:Altcoin Sherpa remains bullish on Bitcoin but sees the current range as unclear and says a short-term reset is possible. He expects centralized-exchange altcoins to stay choppy until BTC breaks out, while on-chain tokens could continue producing outperformers.Michael van de Poppe noted Bitcoin remains stuck in a choppy range while altcoins show relative strength. He sees a possible BTC liquidity sweep toward $76,000, which could offer an entry opportunity.CryptosBatman highlighted that Bitcoin posted its first green August since 2021, but history points to caution: every previous positive August was followed by a red September, traditionally one of BTC’s weakest months.Image: Shutterstock