Bitcoin Climbs, Russian Sberbank To Accept BTC As Loan Collateral

Bitcoin Climbs, Russian Sberbank to Accept BTC as Loan Collateral

Bitcoin (BTC) price is up 0.92% to $78,653 in Sunday’s trading session, closely tracking a 1.02% rise in the total crypto market cap.

The move appears driven by a broad market uptick and cooling derivatives pressure, with no clear new catalyst in the last day.

BTC’s gain closely mirrored the total crypto market cap’s 1.02% increase over 24h. This suggests the move was driven by a market-wide lift rather than a Bitcoin-specific event.

According to market data, Bitcoin liquidations plummeted 94.25% to just $5.9 million in 24h, signalling a dramatic drop in forced selling.

Meanwhile, spot Bitcoin ETFs attracted over $900 million in net inflows last week, demonstrating persistent institutional demand despite a one-day outflow on Friday.

The market is digesting recent gains with less speculative leverage, providing a stable base for modest upward movement.

The immediate technical structure shows Bitcoin consolidating between support at $77,500 and resistance at $79,000–$81,000.

A key upcoming catalyst is the U.S. Senate vote on the Digital Market Asset Clarity Act (CLARITY Act) scheduled for September 15, which could impact regulatory sentiment.