Bitcoin Price Today: Bullish and Bearish Targets to Be Determined
2026-09-03 12:30:03
According to CoinMeta, as reported by Coinpedia, the trading price of Bitcoin today is $77,755.77, representing a 1.1% increase over 24 hours. The current total market value of the crypto market is $2.7 trillion, with a daily trading volume of about $73.5 billion. Bitcoin's share in the market has increased to 59.7%. According to ADP data, only 38,000 new jobs were created in the private sector in August, which is lower than the expected 47,000, increasing the likelihood of a Federal Reserve interest rate cut, which usually supports the stock and crypto markets. The market is watching for Friday's non-farm payroll report, with an expected increase of 53,000 jobs and an unemployment rate remaining at 4.1%. Vikram Subburaj, the CEO of Giottus.com, stated that Bitcoin is trading within a relatively narrow range, and investors are waiting for clearer signals. On-chain data shows that approximately 68% of Bitcoin's circulating supply is still profitable, and the cost basis for short-term holders is close to $71,000. Subburaj advises traders to avoid aggressive leverage and to prefer accumulating positions in batches, pointing out that Bitcoin's support range is between $76,200 and $76,500, while the resistance range is between $77,700 and $78,300.
Source:Coinpedia
This content is for market information only and does not constitute investment advice.
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