Bitcoin traded just above $77,600 during Asian morning hours Thursday, gaining roughly 1.5% over 24 hours after falling to $76,400 late in U.S. trading. XRP led major tokens at $1.36, up almost 3%, while BNB, Solana and Tron also advanced. Ether underperformed at just under $2,400 and remained down almost 4% over seven days. Bitfinex analysts said Bitcoin had approached within $50 of the $76,350 average cost basis for active network investors before buyers emerged, absorbing selling from investors who bought in February and March. The firm warned that seasonality could bring a pullback in the coming weeks, noting that September has produced an average Bitcoin return of -2.95% since 2013. Bitcoin held near that level despite renewed U.S. strikes near the Strait of Hormuz, which lifted crude, pushed the 10-year Treasury yield above 4.8% and strengthened the dollar index to just below 100. Nansen said roughly 3,700 BTC had moved to exchanges over the past week, spot ETFs lost about $236 million and stablecoin supply flattened near $310 billion, suggesting the recovery still lacked consistent spot-flow confirmation. Friday's nonfarm payrolls report is expected to determine the September meeting, while options positioning shows downside protection between $68,000 and $75,000 through the Sept. 11, 2026, CPI release, with upside calls above the current range and perpetual leverage below its August peak.