What Happened in the Crypto Market on September 4: Polymarket, Bitcoin ETF, and the Rise in Liquidations

The crypto market started the morning with a powerful rebound: Bitcoin climbed to $81,000, Ethereum returned above $2,500, spot crypto ETFs attracted hundreds of millions of dollars, and short sellers were massively squeezed out of their positions. Against this backdrop, Polymarket launched trading in perpetual contracts, Fidelity reminded of the risk of a continued bear cycle, the IMF clarified its position on El Salvador’s bitcoin purchases, and Curve DAO handed over risk control to the yRisk team.

• Polymarket launched Polymarket Perps on the market with leverage up to 20x.
• Fidelity believes that a strong August alone does not confirm the end of the bear market.
• The IMF stated that El Salvador has not used state funds to buy bitcoin since June 27, 2025.
• Curve DAO funded yRisk despite the team’s connection to Resupply, which previously lost $9.6 million in an attack.

“Trades Closed From +40% Profit”

“+1,300$/Month in Profit”

“Stable 500$–600$ Withdrawals”

Market Leaders Surged Sharply After the Overnight Impulse

Bitcoin was trading around $80,895 at 08:50 MSK. Over the day, the price rose from $77,200 to almost $81,800, then consolidated near $80,900. The daily gain was 4.13%, and Bitcoin once again became the main driver of market movement.