Bitcoin is currently trading around $79,200, slightly down by 0.8% in the last 24 hours, and is expected to remain between $78,000 and $82,000 until the Federal Reserve's policy announcement on September 16. Recent strong US employment data has increased the likelihood of a 25 basis point rate hike, influencing market sentiment. Meanwhile, Bitcoin spot ETFs in the US have seen nearly $1 billion in fresh investments last week, contributing to a three-week total of $3.8 billion, though some inflows may be momentum-driven. Investors are closely watching upcoming inflation reports on September 11 and the Fed meeting as critical catalysts for Bitcoin's next directional move.
Bitcoin price recovered above $84,000 on October 12 but faces resistance near $85,000 after failing multiple times to surpass $87,000. Weak institutional demand, marked by significant outflows from U.S. spot Bitcoin ETFs, and rising U.S. Treasury yie...
Bitcoin's price increased by 1.37% to $84,186 as the total cryptocurrency market capitalization dropped 2.35% to $2.83 trillion. While Bitcoin gained, the broader market contracted, with trading volume at $58.32 billion. Other major cryptocurrencies ...
Bitcoin rebounded to nearly $84,000 after slipping earlier in the week, shrugging off $681 million in outflows from U.S.-listed spot bitcoin ETFs, the largest since June. The decline in oil prices, partly due to eased U.S. sanctions on Russian diesel...
On October 12, Filecoin (FIL) led the largest cryptocurrencies with a 14.75% increase to $1.24, continuing its recent strong performance. This rise was part of a broader market uptrend where 72 of the top 90 cryptocurrencies gained value. Other notab...
Crypto markets showed mixed results with Layer 2 tokens leading gains, rising 6.62%, including Starknet up 111.53%. Bitcoin climbed 1.43% above $83,000, while Ether edged up 0.14% over $2,500. DePIN assets advanced 6.24%, led by Grass with a 49.41% j...
