On September 15, Grayscale Bitcoin Trust declined 5.19% in regular trading, trading at $58.2/share, with turnover of $171 million. The trust, which derives its value solely from Bitcoin, tracked broader weakness in the cryptocurrency as BTC struggled around the $79,000 level amid mounting macro headwinds.

Market data shows Bitcoin has repeatedly failed to hold above the $80,000 mark, with spot cumulative volume delta remaining negative at -$29.6 million, indicating persistent seller dominance. Traders are pricing in an 85% probability of a Fed rate hike at the upcoming decision, while long-end Treasury yields approach 5%, intensifying capital competition against risk assets. Additionally, U.S. spot Bitcoin ETFs recorded $282.7 million in net outflows in a single session recently, part of a three-day streak totaling approximately $450 million.

Derivatives data reveals significant liquidation risk on both sides: approximately $1.916 billion in cumulative short liquidation intensity sits above $80,707, while $1.069 billion in long liquidation intensity lies below $73,676, reflecting a highly leveraged and fragile market structure.

Grayscale Bitcoin Trust is a private, open-ended trust invested exclusively in bitcoin. It enables investors to gain exposure to the price movement of bitcoin without the challenge of buying, storing, and safekeeping bitcoins. The amount of bitcoin represented by each share gradually declines over time as the trust sells bitcoins to cover ongoing expenses.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)