August's core Personal Consumption Expenditures (PCE) inflation rose 3.0% year-over-year, below expectations, easing pressure on the Federal Reserve to hike rates in October. Bitcoin responded positively, briefly surpassing $85,000 before settling around $84,376, maintaining a strong bullish trend despite low odds of hitting its all-time high before 2027. The inflation data reduced the likelihood of a rate hike, supporting risk assets, though inflation remains above the Fed's 2% target and bond yields hit 20-year highs. Market sentiment shows cautious optimism with Bitcoin's technical indicators pointing to a strong but stalled upward momentum.
Bitcoin trades at Rp1.502.944.472 on Pluang as of Sep 30, 2026 23:03 WIB, showing a modest 0.61% gain over the past day. This steady rise aligns with the article's note on Bitcoin's positive reaction to easing inflation concerns, although the platform data reflects a more measured increase than the brief surge past $85,000 mentioned. Pluang users currently favor buying Bitcoin, with 70% of order activity on the buy side and a typical hold time of 110 days, indicating sustained investor interest despite broader market uncertainties.
Cardano's ADA is currently testing a long-term resistance line after nearly nine years of price compression, trading at $0.2478, which is 92.1% below its all-time high of $3.09 from September 2021. The token's price has been confined within a narrowi...
Bitcoin, Ether, and XRP caused a huge 2,633% liquidation imbalance as US inflation remained stubborn and Treasury yields stayed high. Despite economic pressures like 5.2% US Treasury yields and inflation above target, these cryptocurrencies sparked a...
Bitcoin is encountering a significant sell wall between $85,000 and $85,500 on Binance, coinciding with a steady decline in U.S. spot Bitcoin ETF inflows since September 22. ETF inflows dropped from nearly $1 billion on September 21 to just $24 milli...
Short-term Bitcoin holders currently have an unrealized profit margin of about 33%, the highest since December 2024, with a record 25,700 BTC profit realized on September 22. Despite Bitcoin reaching an eight-month high near $87,400, demand for spot ...
Bitcoin's price fell 1.24% within an hour to $84,300 on September 30, extending a recent short-term decline despite a slight 0.42% gain over 24 hours. The drop was marked by $8.03 million in long position liquidations on major exchanges like Binance,...
