$BTC

Bitcoin ETFs pulled in $333M on Sept 2, led by Fidelity and BlackRock, while Ether ETFs lost $135M. Institutions are rotating back to Bitcoin as “digital gold,” boosting chances of BTC pushing past $110K.

A dormant whale wallet from 2012 moved 479 $BTC worth $53.6M after 13 years, raising fears of short-term sell pressure and sparking FUD if $110K support breaks.

BlackRock shifted $290M into BTC while selling $151M $ETH on Sept 3, reversing August’s flows. The move strengthens Bitcoin’s long-term position, with traders eyeing $113K.

Bitcoin touched $113K, its highest in two weeks, with dominance climbing to 59%. Money is clearly flowing out of altcoins and back into BTC.

Bloomberg’s Mike McGlone warned BTC could fall to $10K if U.S. stocks decline under Trump’s tariff policies, fueling fears of heavy sell-offs.

On Sept 4, Bitcoin ETFs saw $223M in outflows despite BlackRock’s continued inflows, raising risks of a drop below $110K support.

BTC is stabilizing around $110K with whale influence fading, as markets await the Fed’s rate decision, keeping traders cautious through “Red September.”