The IMF said El Salvador provided documents showing Bitcoin credited to government controlled wallets since June 27 2025 came from private donations rather than public funds, in a Sept. 3 staff level agreement tied to combined EFF reviews. The IMF added Chivo wallet control shifted mainly to a private operator and no further Bitcoin holdings are expected beyond the recorded donations.

MARKETS: The global cryptocurrency market capitalization climbed to $2.82T, the highest level in seven months, after $BTC pushed above $81K.

El Salvador has not used public funds to purchase Bitcoin since June 2025, according to the International Monetary Fund. The government submitted documentation indicating that any Bitcoin accumulated after that point came solely from private donations. The IMF said it does not anticipate further Bitcoin accumulation beyond the donations already documented. The disclosure was made in the context of an agreement tied to the second and third reviews under the Extended Fund Facility (EFF). If approved, El Salvador could secure roughly $140 million in additional IMF financing.

Bitcoin (BTC) pushed through the $82,000 mark on Sept. 4, 2026, briefly printing an intraday peak of $82,016.08. The move represented a roughly $4,800 rally, or about 6.2%, from a support area near $77,200, based on chart data highlighted by @WatcherGuru at 08:47 UTC. Fed expectations shift sparks the rally The surge followed a rapid repricing of U.S. monetary-policy expectations after Federal Reserve Governor Christopher Waller delivered dovish remarks. Waller said he would support keeping interest rates unchanged at the Fed's Sept. 15–16 meeting, provided inflation data continues to cool. Rate-hike odds adjusted quickly in response. One implied measure showed the probability of a September hike falling by about 12 percentage points to 54.6%, while another estimate dropped from 63.2% to 50.4%. Broader markets reinforced the risk-on tone, with Treasury yields sliding, the U.S. dollar weakening, and equities and commodities advancing. Bitcoin was reported up roughly 5% to 5.7% on the session as trading volume accelerated alongside price. Market participants also pointed to short covering, ETF inflows, and renewed institutional demand as additional fuel, though the dominant driver was the shift in Fed rate expectations. The move comes as institutional positioning has been geared toward a macro-led rebound, following recent coverage of Strategy's 840,447 BTC stake returning to profit after Michael Saylor posted "We're Back." Technical picture: breakout with a caution signal Chart watchers described the BTC/USD advance as near-parabolic on what appeared to be a 15-minute or 1-hour timeframe. Price launched from the $77,200–$77,500 support zone, cleared the key $80,000 psychological level, and extended to $82,016. A brief consolidation was visible between $81,200 and $81,600 before the final push. The latest candle showed a long upper wick near the highs, a pattern often associated with selling pressure and potential exhaustion. With $80,000 now viewed as near-term support, momentum remains constructive, though similar parabolic moves have historically been followed by sharp retracements. Traders are urged to keep risk management front and center when considering entries at elevated levels. Market snapshot At the time of writing, Bitcoin was trading at $81,032, up 4.08% over the past 24 hours. Market capitalization stood near $1.627 trillion, with 24-hour trading volume at $41.31 billion. Price eased from the $82,016 intraday high, consistent with the upper-wick exhaustion signal noted in the chart data. For longer-term context, the Bitcoin halving countdown shows about 85,000 blocks remaining, with the next halving projected for April 17, 2028. Source: Twitter Watcherguru · Published by CoinsProbe Markets Desk

Bitcoin climbed above $82,000 on Thursday, marking its highest level since May 11, according to CoinDesk. The move was reinforced by heavy short covering: about $510 million in short positions were liquidated over the past 24 hours, intensifying buying pressure as traders rushed to close bearish bets. Major tokens advanced alongside bitcoin, pointing to firmer risk appetite across the market. Bitcoin was up 4.0% at $81,209.47. Ether gained 4.2% to $2,518.82. XRP rose 5.7% to $1.45, while BNB added 4.3% to $727.73. Broader macro conditions also improved. U.S. equities moved higher, with the Nasdaq, S&P 500 and Dow Jones all posting gains, and gold and silver rising as well. Markets are increasingly positioning for reduced upward pressure on interest rates, a backdrop that tends to support risk assets. CoinDesk also highlighted that the U.S. Treasury plans to increase repurchases of long-term bonds. Alongside continued institutional bitcoin accumulation, that shift is seen as adding momentum to the latest leg of the rally.

Bitcoin's latest push higher was driven by a mix of macro tailwinds and a rapid short-liquidation cascade, rather than any crypto-specific announcement. On September 4, 2026, upbeat comments from Fed Governor Christopher Waller signaling cooling inflation boosted risk appetite across both equities and digital assets. BTC reclaimed $80,000 and extended gains toward $82,000, with the rally accelerating as leveraged short positions were forcibly closed. Short squeeze mechanics: $415M–$510M liquidated Market data compiled across reports on September 4 indicates total crypto liquidations of roughly $415 million to $510 million, with shorts accounting for the bulk. The pattern is straightforward: as BTC rose, short sellers were pushed to buy back positions, adding incremental spot buying pressure and driving prices higher. The move also follows a prior leverage shakeout. In the earlier $369.67 million liquidation wave that hit BTC, ETH, SOL, and XRP, leverage unwound sharply; positioning that rebuilt afterward appears to have concentrated on the short side, setting the stage for this squeeze. Why short liquidations amplify upside When short positions are liquidated, exchanges close them via market buys. That creates a feedback loop: forced buying lifts price, triggers stops and margin calls for additional shorts, and prompts more liquidations. Glassnode: on-chain cost basis aligns with leverage clusters Glassnode noted on September 4, 2026 that on-chain supply metrics and derivatives liquidation clusters were lining up in the same price regions. Cost-basis bands (levels where holder cohorts acquired BTC) are aligning with zones where leveraged shorts are concentrated. Based on the research cited around this setup: - Leveraged short clusters: $81,800–$82,300 - On-chain supply/cost-basis resistance: $83,000–$86,000 Glassnode detailed this framework in its September 4 newsletter. When holder cost-basis behavior and derivatives leverage stack at similar levels, price can overshoot in either direction. In this instance, the move has been to the upside. What determines whether the rally holds Sustainability hinges on two variables: 1) Price acceptance above $81,800–$82,300. Losing that zone would suggest the squeeze has largely run its course and positioning has reset. 2) The macro backdrop. If Fed messaging turns more hawkish or equities reverse, the risk-on impulse that initiated the move could fade quickly. The next major upside test is $83,000–$86,000, where Glassnode's cost-basis data suggests supply overhang. A clean break with sustained volume would materially improve structure. A rejection would be consistent with resistance holding. Key daily indicators to watch - Glassnode on-chain cost-basis distribution - Open interest across major crypto derivatives venues Bottom line The September 4, 2026 BTC rally is best explained by Waller's inflation commentary lifting macro risk appetite, with an estimated $415 million to $510 million in short liquidations supplying the mechanical fuel. Glassnode's confluence framing places $81,800–$83,000 at the center of near-term positioning, with $83,000–$86,000 the primary supply zone to watch next. DeFi also showed parallel strength, consistent with broader risk-on flows, following earlier gains highlighted in the September 1 coverage of CRV, UNI, and ARB. FAQ Why did Bitcoin surge on September 4, 2026? Two forces compounded: macro risk-on sentiment after Fed Governor Waller's comments on cooling inflation, and a short-liquidation cascade estimated at $415 million to $510 million, dominated by shorts. What does the Glassnode cost-basis confluence mean? It refers to on-chain cost-basis bands aligning with derivatives leverage concentrations: shorts clustered at $81,800–$82,300, with on-chain supply/cost-basis resistance higher at $83,000–$86,000. Is this move fundamentals-driven or leverage-driven? The immediate catalyst appears leverage-driven. Short covering amplified a macro-triggered rally. There is no verified evidence of a protocol upgrade, partnership, or regulatory catalyst behind the September 4 move. Which level should traders watch next? $83,000–$86,000 is the next key band, where Glassnode data indicates concentrated supply and cost-basis resistance. Source: Glassnode · Published by CoinsProbe Markets Desk

ME News, Sept. 4 (UTC+8) — Options expiry data for Sept. 4 showed 29,600 BTC options settling, with a put/call ratio of 0.65, a max pain level at $73,000, and $2.39 billion in notional value. In ETH, 139,000 options expired, with a put/call ratio of 0.9, a max pain point at $2,400, and $350 million in notional. Analysts said Bitcoin, after a sharp rally two weeks ago, has been consolidating around $80,000. Price action has tended to follow a repeating pattern of brief, fast rallies followed by a slower sideways drift lower. One-month realized volatility (RV) climbed further to 40% from last week, while one-month implied volatility (IV) eased to 36%. The 15-day VRP briefly fell to 16% yesterday before rebounding to 6%, still well below last month's peak of 15%. Additional options indicators showed roughly 7% of contracts expiring this week. BTC open interest rose while ETH open interest fell, and overall trading activity jumped. Bullish GEX has continued to converge, with short call positioning building above $80,000, while bearish GEX is close to negligible. After a 10-month bear market, the current bull phase has run for nearly three weeks. A short lull in U.S. equities has also offered the crypto market breathing room. Sentiment remains strongly upbeat, and with one-month out-of-the-money IV still relatively subdued, directional long positioning is viewed as attractive. (Source: PANews)

Huoxing Finance reported that CryptoQuant analyst Axel Adler Jr. said on September 4 that Bitcoin is approaching a key threshold that would signal a shift into a bull market. Over the past 24 hours, BTC rose 3.9%, while open interest climbed by about 11,200 BTC, up 3.4%, pointing to derivatives-led momentum. According to the data, open interest jumped 15,200 BTC in a six-hour window, and the leverage flow pressure index increased to 63. Long positions expanded for 15 of the past 24 hours. Adler said a rally driven mainly by short covering and liquidation typically comes with falling open interest. This time, open interest has risen decisively, indicating the price move is being powered primarily by fresh futures leverage. His one-year model has not yet officially flipped into bull-market territory. He added that confirmation would require a daily close above the model's dynamic threshold and the ability to hold that level without rapid deleveraging. The main risk remains a sudden liquidation of the accumulated leverage, which could spark a reversal.

U.S.-listed spot Bitcoin exchange-traded funds posted their strongest single-day inflows in nearly eight months, as Bitcoin climbed back above $80,000. SoSoValue data showed U.S. spot Bitcoin ETFs recorded $730.9 million in net inflows on Thursday, the largest daily tally since Jan. 14, when the group drew $843.6 million. The surge followed $101.2 million in net inflows on Wednesday. CoinGecko pricing indicated BTC traded roughly between $76,000 and $81,000 earlier in the week before regaining the $80,000 level. BlackRock's iShares Bitcoin Trust (IBIT) accounted for the bulk of Thursday's demand. Farside Investors reported IBIT took in $454 million, about 62% of the day's net inflows. Farside also noted IBIT last saw a larger one-day haul of $503 million on Aug. 20. Flows were not evenly distributed across issuers. ARK Invest and 21Shares' ARKB added $137.7 million, while Fidelity's FBTC brought in $74.4 million. VanEck's HODL and WisdomTree's BTCW were the only two funds to register outflows, at $19.6 million and $5.2 million respectively. Despite the headline inflow figure, CryptoQuant cautioned that the price rebound may still be driven more by positioning than by a clear wave of fresh spot demand. In comments shared with Cointelegraph, the firm pointed to heavy short covering and profit-taking as key factors that can lift price quickly without guaranteeing follow-through. CryptoQuant also flagged elevated realized profits. It estimated that holders realized around 23,000 BTC in net profits on Aug. 21, the highest daily total this year, and about 110,000 BTC in net profits cumulatively since Aug. 19. On the technical front, CryptoQuant highlighted the 365-day moving average near $82,300 as a key dividing line between bull and bear regimes. Bitcoin reached $81,400 on Aug. 28 before slipping back below that area. The firm said a decisive close above $83,000 would help confirm a new bull phase, while failure to hold the zone could open downside toward the 200-day moving average near $69,000. Market focus now turns to whether ETF inflows remain elevated after Thursday's spike and whether BTC can sustain closes above the $83,000 region.