Bitcoin is stabilizing around $73,500, about 10% below its monthly high, due to a shortage of new buyers rather than increased selling. Despite broader risk assets gaining from easing geopolitical tensions around the Strait of Hormuz, Bitcoin's weakness appears crypto-specific. Long-term Bitcoin holders have reached a record supply, but this reflects inactivity rather than fresh buying. Additionally, Bitcoin ETFs have seen a record nine consecutive days of outflows, signaling cooling demand that may limit Bitcoin's ability to rise above $78,000 in the near term.
Bitcoin briefly fell below $80,000 but quickly rebounded to around $82,500, supported by buyers stepping in at key levels. Major cryptocurrencies like ZEC saw strong gains, while Asian stock markets, led by South Korean chipmakers, also recovered fro...
September's Consumer Price Index (CPI) increased by 0.6% from August, with a yearly rise of 3.7%, driven largely by a 9.1% increase in gasoline prices. Excluding food and energy, inflation rose 0.3% in September and 2.6% over the year. Following an o...
Starknet (STRK) surged 24.8% to $0.0962, topping 24-hour crypto gainers as most of the 90 largest non-stablecoin cryptocurrencies rose. Other notable gainers included Akedo (AKE) up 21.94%, Pyth Network (PYTH) up 21.38%, and LayerZero (ZRO) rising 11...
Bitcoin briefly fell below $80,000 but recovered to trade around $82,400 on October 15, amid $937 million in crypto liquidations over the past 24 hours. Most liquidations were long positions, indicating traders betting on price rises faced losses. Th...
On October 15, Bitcoin (BTC) traded above 82,000 USDT, reaching 82,024.3 USDT with a modest 0.24% increase over the previous 24 hours. This price movement indicates a stable or slightly bullish trend in the digital asset market at that time. Investor...
