Weekly Recap | BTC.US +2.94%, closing in on record highs

The Week

BTC.US rose 2.94% this week to close at $35.31, outperforming the S&P 500 by roughly 2.85 percentage points. The week was choppy but tilted upward: Monday and Tuesday traded in a narrow range above $34, Wednesday slipped to $34.20, Thursday spiked to $36.18, a 60-day high, before easing back to settle at $35.31 on Friday. The weekly trading range was 7.02%. Daily volume averaged about 1.97m shares, roughly 24% above the median, suggesting stronger participation.\n\n## Key Events\n\nBitcoin traded between $78,000 and $80,000 for much of the week. Monday’s attention centred on Trump-related tokens while BTC consolidated. On Tuesday, Saylor’s return to buying Bitcoin made headlines, and by Wednesday, fading Fed rate-hike bets lifted risk assets broadly, with BTC up 2.17% in 24 hours and reclaiming $79,000. Thursday brought the week’s most notable signal: Bitcoin ETF inflows hit $731m in a single day—the highest since January—pushing BTC above $80,000 and BTC.US to $36.16. Friday’s session was quieter despite chatter around tokenised equity addresses hitting a record and leveraged long positioning.\n\n## The Week Ahead\n\nThursday 10 September is the main event: US initial jobless claims (forecast 205), final-demand PPI (forecast 0.4% vs 0 prior), core PPI, and the 10-year Treasury auction results. These will shape how markets price the Fed’s next move, and in turn BTC.US volatility. Tuesday 8 September brings the NFIB small business optimism index, offering another read on the soft-landing narrative.\n\n## In Short\n\nBTC.US’s advance this week coincided with strong Bitcoin ETF inflows and receding Fed rate-hike expectations, keeping the ETF tightly linked to macro liquidity and external flows. But the pullback from Thursday’s high leaves the near-term picture open. If PPI and jobless claims come in hot next week, risk appetite could compress; softer data would likely extend the rate-cut trade. The key test is whether Bitcoin can hold near $80,000 and translate that into sustained inflows for BTC.US.\n\nThis article is generated by LongbridgeAI from market data, for information only and not investment advice.