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Bitcoin around $79,000 as macro risks mount, $246 million crypto positions liquidated

Economic Times Markets
Bitcoin around $79,000 as macro risks mount, $246 million crypto positions liquidated
Economic Times Markets

Bitcoin is holding near $79,000 as macro risks rise, with $246 million in crypto positions liquidated in 24 hours. Analysts cite higher volatility, mixed ETF flows and inflation concerns, while Bitcoin’s ability to reclaim $80,000 could determine whether recovery strengthens.

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Markets · 9 Sept 2026

Quote of the day by Chuck Akre: "People say the market is overvalued, but if you are only looking at certain names, you will always find times when those names are undervalued. That’s what we’re waiting for"

Legendary investor Chuck Akre says elevated market valuations should not deter investors from equities. Instead, investors should focus on individual businesses, patiently seeking high-quality companies trading below intrinsic value and offering an attractive margin of safety.

Source: Economic Times Markets

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