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Bitcoin Holds Near $77,500 as Institutional Support Weakens at Higher Prices

Bitcoin Holds Near $77,500 as Institutional Support Weakens at Higher Prices

On-chain indicators remain encouraging even as ETF demand loses momentum.

Written by Rahul Dhingra, Edited by Ketan Pratap | Updated: 14 September 2026 13:38 IST

Bitcoin Holds Near $77,500 as Institutional Support Weakens at Higher Prices

Photo Credit: Unsplash/Kanchanara

Crypto markets remain range-bound as investors assess shifting demand

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Highlights

Bitcoin ETFs see $462.7 million in combined recent outflows
Long-term holders account for just 47 percent of realised profits
Markets price in an 86 percent chance of a Fed rate increase

Bitcoin traded near Rs. 74.2 lakh on Monday as the cryptocurrency market remained subdued, with institutional support weakening at higher prices and traders cautious ahead of the Federal Reserve's September 16 decision. Ethereum (ETH) was trading near Rs. 2.3 lakh, while major altcoins showed mixed momentum. With the US 10-year Treasury yield near 4.9 percent and Brent crude above $107 (roughly Rs. 10,230), traders are watching Bitcoin's $76,600 (roughly Rs. 73.24 lakh) support level ahead of the Fed decision. According to CoinMarketCap data, Bitcoin traded near $77,700 (roughly Rs. 74.4 lakh), and Ethereum traded near $2,500 (roughly Rs. 2.4 lakh).

The world's largest cryptocurrency fell 0.7 percent in the last 24 hours, as per the Gadgets 360 price tracker. Markets are assigning an 86 percent probability to a 25-basis-point Fed rate increase, while traders are also watching tomorrow's Senate cloture vote on the CLARITY Act and the FOMC meeting for potential catalysts.

Crypto Markets Discussion

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Major Altcoins Traded With Mixed Momentum on Monday

Binance Coin (BNB) was priced around $724.04 (roughly Rs. 69,225), while Solana (SOL) traded near $101.61 (roughly Rs. 9,715). XRP hovered around $1.38 (roughly Rs. 132), while Dogecoin (DOGE) was trading close to $0.08441 (roughly Rs. 8.07).

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On-Chain Signals Offer Some Support

Assessing Bitcoin's positioning ahead of the Federal Reserve decision, Vikram Subburaj, CEO of Giottus.com, said, “US spot Bitcoin ETFs attracted $3.34 billion (roughly Rs. 31,934 crore) between August 19 and September 4. That demand helped BTC recover from about $62,000 (roughly Rs. 59.28 lakh) to $82,000 (roughly Rs. 78.40 lakh) [...] The immediate risk is the September 16 US Federal Reserve decision. Markets assign an 86 percent probability to a 25-basis-point rate increase [...] Investors should avoid high leverage before the Fed decision.”

Pointing to the split between on-chain and retail sentiment, Prateek Gupta, Head of Business, Mudrex, said, “Bitcoin is holding in a narrow $76,000-$77,000 (roughly Rs. 72.74 lakh-Rs. 73.70 lakh) range after Friday's swings, with hotter CPI data lifting Fed rate-hike expectations above 85 percent and keeping investors cautious. Sentiment is split, as on-chain data shows ‘extreme greed', the highest since March 2024, while retail sentiment remains bearish [...] Attention now turns to tomorrow's Senate cloture vote on the CLARITY Act and the FOMC meeting.”

Overall, analysts are now watching $76,600-$75,000 (roughly Rs. 73.2 lakh-Rs. 71.7 lakh) as key support, while a sustained move above $81,500 (roughly Rs. 77.9 lakh) could confirm a stronger recovery.

Cryptocurrency is an unregulated digital currency, not a legal tender and subject to market risks. The information provided in the article is not intended to be and does not constitute financial advice, trading advice or any other advice or recommendation of any sort offered or endorsed by NDTV. NDTV shall not be responsible for any loss arising from any investment based on any perceived recommendation, forecast or any other information contained in the article.

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Further reading: Crypto markets, Crypto Prices, BTC, ETH

Rahul Dhingra

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Rahul Dhingra is a crypto writer at Gadgets 360, where he covers the exciting world of Cryptocurrency, Blockchain, Defi and Web3. Before joining Gadgets 360, he worked as a content specialist for a European-based Crypto Exchange. Rahul loves storytelling, not just through the written word but also through the visual medium. Beyond his professional life, Rahul is a sports fanatic. Whether it’s cricket or football, his passion for the game is contagious. More