Bitcoin
Affairs
 
No. 100  Β·  4 Sept 2026
 
MARKET SNAPSHOT
BTC / USD
$78,884
  24H CHANGE
-2.9%
 
ALL-TIME HIGH
$124,749
  FROM ATH
-36.8%
β—Ž
NEWS
5 STORIES TODAY
August payrolls beat expectations, keeping September Fed hike risk squarely alive
The Bureau of Labor Statistics reported that US nonfarm payrolls rose by 162,000 in August, while unemployment was unchanged at 4.1 percent. Average hourly earnings increased 0.3 percent month over month and June-July payrolls were revised up by a combined 55,000, keeping Fed tightening risk in play for bitcoin and other liquidity-sensitive assets.
Fed  Rates  Macro
US spot bitcoin ETFs post strongest daily inflow since mid-January surge
US spot bitcoin ETFs absorbed $730.8 million on September 3, the strongest daily haul since January, led by $454.0 million into BlackRock's IBIT. The surge followed Wednesday's modest inflow day and points to a sharp re-acceleration in institutional demand heading into a major macro print.
ETF  Macro
SEC fast-tracks Nasdaq Texas rules to broaden commodity and crypto ETP listings
The SEC granted accelerated approval to Nasdaq Texas rule changes that let commodity-based trust shares hold up to a 15 percent buffer of otherwise ineligible assets, add a digital commodity definition, and permit actively managed strategies. The move could streamline future launches of more complex crypto and commodity ETPs that fit the updated framework.
ETF  Regulation
Cango powers on Georgia GPU cluster as miners keep pivoting toward AI
Cango said its EcoHash subsidiary completed AI-focused retrofits inside a company-owned 50 MW Georgia facility, powered on an initial batch of GPU servers, and began commercial GPU compute services. The update highlights how bitcoin miners are increasingly repurposing power access and data-center infrastructure toward AI revenue streams.
Mining  Macro
Bitcoin hash rate nears zettahash pace while miner economics stay compressed
A September 4 mining report put Bitcoin network hashrate at 900.6 EH/s with difficulty holding at 125.81 trillion. With block production still running above target pace, miners remain in an intensely competitive network even before the next adjustment.
Mining  On-chain
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glassnode
@glassnode
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The signal that marked the $126K bitcoin:native top is Risk-On again.

After the Bitcoin Vector Signal flipped risk off in October 2025, BTC drew down 54%.

It flipped long again as BTC broke above 70k. Sign up below πŸ‘‡

https://t.co/lUNIIZSNPW https://t.co/EgEaRd5Mpj
 
 
 
 
30 reposts    33 replies    380 likes
Joao Wedson
@joao_wedson
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BTC currently shows a 72% similarity between the 1H timeframe and the 4H timeframe around the October 2025 all time high.

I found this by running a fractal and similarity algorithm. https://t.co/lfCCDF3nTJ
 
 
 
 
31 reposts    65 replies    391 likes
The Kobeissi Letter
@KobeissiLetter
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The system is broken.

You know the system is broken when stocks FALL after the US unexpectedly adds +162,000 jobs in a month, TRIPLING expectations.

Why? Because a strong jobs report means a higher chance of rate hikes.

This is the product 60-straight months of 2%+ inflation.

Markets now "want" a labor market collapse.
 
 
 
 
702 reposts    474 replies    6.0K likes
Ted
@TedPillows
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Last 2 times, Bitcoin ETFs had a $700,000,000+ in daily inflow; $BTC shortly formed a top.

Yesterday, ETFs bought $730,870,000 in BTC, the largest inflow in almost 8 months.

Is the local top close for Bitcoin? https://t.co/UYk24jPEJ9
 
 
 
 
57 reposts    69 replies    572 likes
Crypto Rover
@cryptorover
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BREAKING: πŸ‡ΊπŸ‡Έ National Sheriffs’ Association drops its opposition to the CLARITY Act.

Its crypto crime concerns had been one of the obstacles holding the bill back in the Senate.

WE’RE GETTING CLOSER! https://t.co/2YlIysBeqB
 
 
 
 
209 reposts    73 replies    1.4K likes
Bull Theory
@BullTheoryio
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BREAKING: $835 billion has been wiped out from Gold, Silver and Crypto in the last 25 minutes after US jobs data came in far stronger than expected.

Stronger jobs data means the economy doesn't need lower rates, so traders are pricing in a higher chance the Fed hikes instead of cuts.
 
 
 
 
143 reposts    64 replies    911 likes