Bitcoin surged 6.8% to $82,200, its highest level since May, following dovish comments from Federal Reserve Governor Christopher Waller that reduced expectations of a September rate hike. This shift weakened the US dollar and boosted risk assets, lifting the total crypto market cap by 3.7% to $2.814 trillion. Other major cryptocurrencies like Ethereum and XRP also saw significant gains. Investors now await the US August jobs report, which could influence the Federal Reserve's next moves and market direction.
Celestia's TIA token jumped 32% in 24 hours, leading a rally where at least 15 altcoins gained over 10%, while Bitcoin remained stable near $82,000. The surge pushed TIA's market cap to around $650-$670 million, supported by rising trading volume and...
Bitcoin briefly fell below $80,000 following the release of U.S. producer prices data showing a 1.3% monthly increase in September, the sharpest since March 2022, driven mainly by a 10.8% rise in energy prices including gasoline. The annual Producer ...
On OKX, 81% of Dogecoin accounts hold long positions, a much higher ratio than Bitcoin or Ethereum, indicating strong retail trader bullishness. This lopsided positioning increases the risk of a cascade of forced liquidations if the price falls below...
On October 16, Bitcoin attracted the largest cryptocurrency inflow of $87.83 million, followed by Solana and Ether, signaling strong investor interest. Meanwhile, Binance Coin (BNB) experienced the biggest outflow at $9.09 million, alongside withdraw...
Bitcoin's price rose 1.7% to about $82,300, supported by a record number of large whale wallets holding between 10 and 10,000 BTC, which reached 20,338. This surge in accumulation suggests strong confidence among major holders despite recent price vo...
