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News · Crypto, Auto-Generated

Bitcoin settles at $77K after choppy trade

By CoinBatmi Newsroom · · 3 min read

Bitcoin held near $77K into the weekend as Ethereum ETFs drew $216M in a day, while Revolut confirmed a fake government email pulled user records.

Bitcoin sat near $77K on Sept. 12 after a choppy run that shook out late buyers. Exchanges have it pinned there into the weekend.

Ethereum cooled after its own sharp rally, so the two biggest coins went into the weekend moving apart. Issuers reported about $13M leaving Bitcoin ETFs in a day while $216M entered Ethereum ETFs. That's a real split.

And it matters because stock-market buyers use those funds to get crypto exposure without touching an exchange.

ETF cash moved in opposite directions

An ETF flow is pretty simple. When someone buys shares, the fund adds coins. When they sell, it removes them.

So cash in means fresh demand. Cash out means someone walked. That split tells a story.

Bitcoin funds lost a little. Ethereum funds gained a lot. It doesn't mean everyone flipped sides.

But it does show where new money wanted to sit that day.

Fund groupDaily flow
------
Bitcoin ETFs-$13M
Ethereum ETFs+$216M

Short-term traders read that table as mood. Long-term holders mostly ignore it. Still, back-to-back days like that can set the tone.

Wall Street hours now set the pace

Crypto never closes. But exchange records now show Bitcoin, Ethereum, XRP and Solana move most during Wall Street hours. Volume stacks up when stocks are open.

It thins out overnight. That's new behavior. It means U.S.

Funds and desks are doing more of the pushing. So a calm stock morning can mean a calm crypto morning too. Inflation data gave prices a small lift, yet rate traders left Fed expectations little changed.

In plain terms, the number wasn't hot or cold enough to shift bets on cuts. Bitcoin and ether ticked up, then faded. Philadelphia Fed researchers found Bitcoin traders copy big whale moves faster than Ethereum users do.

Whales are just very large holders. When their coins move, others treat it as a signal and follow. Bitcoin watchers follow quicker.

Revolut sent passports and Bitcoin history to a fake inbox

Revolut confirmed it sent passport copies and Bitcoin activity records to a fake government email. The request looked official. It wasn't.

That stings because an exchange holds two things thieves love. Identity papers and transaction history. With both, scams get a lot easier.

Victims still don't know who sent the request. Revolut hasn't said how many people were hit. It hasn't shared the full timeline either.

For now, users can only watch for phishing that uses their real details. Watch $77K. It held after a wild ride, but weekend books are thin.

If it breaks, there's little support close by. If ETF buying leans toward Ethereum again in the next daily tally, the split trade stays on.

Research and market information only — not financial advice.