Bitcoin lost the $80,000 level after stronger-than-expected U.S. payrolls data pushed rate-hike expectations higher and sent Treasury yields up, but the pullback remained smaller than in prior macro-driven selloffs. The report says BTC briefly traded near $82,000 after dovish comments from Federal Reserve Governor Christopher Waller, then retreated toward $79,500 after August nonfarm payrolls came in at 162,000, close to three times market expectations. The probability of a rate hike rose to about 60%, while the 2-year U.S. Treasury yield climbed to 4.41%, the highest since January 2025. At the same time, spot Bitcoin ETF flows stayed supportive. U.S. spot Bitcoin ETFs recorded roughly $987 million in net inflows last week, marking a third straight week of positive flows and around $3.8 billion over the past three weeks, the strongest three-week run of 2026. The piece highlights resistance around the 50-week moving average and the $82,000 to $84,000 range, with support seen between $77,000 and $78,750. BIT Asset Management’s Daniel YU said the expected 50-day and 200-day moving-average golden cross around Sept. 11 will coincide with the release window for August CPI, making this week’s CPI and PPI data central to pricing ahead of the Sept. 15-16 Federal Reserve meeting.

Spot Bitcoin exchange-traded funds posted $987 million in net inflows during the trading week of Aug. 31 to Sept. 4, Eastern Time, according to SoSoValue. The result marked a third straight week of net inflows for the category. BlackRock’s IBIT led weekly inflows with $692 million, bringing its cumulative historical net inflow to $64.06 billion. Ark & 21 Shares’ ARKB ranked second with $138 million in weekly net inflows and a historical cumulative total of $1.46 billion. On the outflow side, Grayscale Bitcoin Trust, or GBTC, recorded the largest weekly net outflow at $47.9921 million, with cumulative historical net outflows reaching $27.65 billion. As of press time, spot Bitcoin ETFs had total net assets of $101.25 billion. Their net asset ratio, measured as a share of Bitcoin’s total market capitalization, stood at 6.33%, while cumulative historical net inflows across the segment reached $55.62 billion.

Bitcoin spot exchange-traded funds posted $987 million in net inflows over the latest trading week, according to SoSoValue, extending the streak of weekly net inflows to three. The data covers Aug. 31 to Sept. 4 in U.S. Eastern Time. BlackRock’s IBIT led all products with $692 million in weekly net inflows, bringing its cumulative historical net inflows to $64.06 billion. Ark & 21 Shares’ ARKB ranked second with $138 million in weekly net inflows and $1.46 billion in cumulative historical net inflows. On the outflow side, Grayscale’s GBTC recorded the largest weekly net outflow at $47.9921 million, with cumulative historical net outflows reaching $27.65 billion. As of publication, total net assets across Bitcoin spot ETFs stood at $101.25 billion. The ETF net asset ratio, measured as a share of Bitcoin’s total market capitalization, was 6.33%, while cumulative historical net inflows for the segment reached $55.62 billion.

LeBron James said on X that he has visited Polymarket’s headquarters and is set to partner with the prediction market platform, posting 「Coming Soon」 alongside the announcement. A video shared by James showed categories including crypto, sports, economy, culture, weather, and esports, with James selecting sports, pointing to a likely sports-focused collaboration. The day’s market roundup also highlighted comments from Bitmine chairman Tom Lee, who said roughly 20% of the top-performing Russell 1000 stocks since the start of the third quarter are crypto-related. He cited BMNR, MSTR, CRCL, and BLSH among the names near the top of the index leaderboard. Elsewhere, Washington state regulators moved against Coinflip and CEO Benjamin Weiss, seeking to revoke the company’s money transmitter license, bar future industry activity, and impose a $1.0296 million fine. Other developments included Donald Trump saying his administration is pushing Hyperliquid into the U.S. market in a fully compliant and lawful manner, Bithumb launching its new Bithumb AI service, and Offchain Labs co-founder Steven Goldfeder clarifying that remaining locked ARB will account for about 7.7% of total supply once investor and team unlocks are completed next March.

Cathie Wood's ARK Invest increased its holdings of Robinhood Markets stock and the 3iQ Solana Staking ETF on September 4, amid a market sell-off triggered by stronger-than-expected U.S. employment data. The firm typically follows a buy-the-dip strategy, and this move reflects its long-term bullish outlook on the assets, according to CoinGape.

Ethereum co-founder Vitalik Buterin shared an optimistic non-consensus view on the long-term development of cryptography. He assessed that SNARK, FHE, and iO protocols have a 33% probability of keeping total cost within 1+ε times the base computational cost for general real-world computation, and a 60% probability of keeping the cost multiplier below 10x when combining energy and amortized costs. He predicted that at least one of these goals will likely be achieved before the end of this decade, most likely SNARK reaching single-digit computational overhead. He noted that in specialized hash functions and some large language model reasoning scenarios, this level has already been reached.

Ethereum co-founder Vitalik Buterin said the Poseidon hash function family has created significant practical value in Ethereum and beyond. Modern privacy protocols rely on Poseidon to generate SNARK proofs quickly on the client side. Universal STARKs now achieve extremely high performance, with batch computation proof overhead down to three digits, and could drop to double digits or lower, exceeding early 2020s expectations.

Ethereum co-founder Vitalik Buterin stated that the Poseidon hash function series, after years of development, has generated significant practical value in Ethereum and other fields and will continue to play a role for years. Poseidon is a key reason modern privacy protocols can quickly generate SNARK proofs on the client side. Buterin also noted that general-purpose STARKs have achieved extremely high performance, with proof costs for batch computations reduced to three digits, and expected to drop to double digits or even lower, exceeding early-2020s expectations.