Bitcoin (BTC) Price: U.S.-Iran Tensions and Rate Fears Push BTC to $77K - But Whales Are Buying the Dip

NewsThu, 03 Sep 2026 05:49:05 UTC4 days ago
Bitcoin (BTC) Price: U.S.-Iran Tensions and Rate Fears Push BTC to $77K - But Whales Are Buying the Dip

TLDR

  • Bitcoin fell 0.2% to $77,132 on September 2, pulling back after a 25% rally in August
  • Renewed U.S.-Iran military strikes and rising Treasury yields dampened risk appetite
  • Whales bought approximately 6,765 BTC (~$521 million) during the pullback
  • Bitcoin is trading between key levels: accumulation support at $62K–$65K and LTH supply at $83K–$86K
  • Around $14 billion in options open interest is set to expire September 25

Bitcoin dropped back toward $77,000 on September 2, 2026, after a strong August rally ran out of steam. The world’s biggest cryptocurrency fell 0.2% to $77,132, giving back some of its nearly 25% August gain.

Bitcoin (BTC) Price

The pullback was driven by two main factors: fresh U.S.-Iran military strikes and rising government bond yields around the world.

The U.S. and Iran traded a new round of strikes overnight Tuesday. President Trump threatened to target Iran’s oil infrastructure, while Tehran warned of further attacks on U.S. bases in the Gulf. Neither side showed signs of backing down.

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