Bitcoin recently reached around $82,500, approaching a key resistance level at $82,000. Traders see breaking and closing above this level with strong volume as crucial before targeting $88,000 next. While the market shows strength with ongoing Bitcoin ETF inflows, the overall structure remains bearish, and a confirmed bull market is not yet established. Support levels to watch are $78,500 and $76,000; a drop below these could push Bitcoin back toward $71,000. The outlook for September is cautiously positive, pending confirmation of strength above $82,000.
Ethereum is gaining momentum as whales move $90 million from Bitcoin to Ethereum, signaling strong institutional interest despite a recent price dip. Social sentiment for ETH is highly optimistic, with bullish comments outnumbering bearish ones, whil...
US consumer prices increased 3.7% year-over-year in September, exceeding expectations due to a 9.1% jump in gasoline prices. This higher inflation raised the likelihood of a Federal Reserve rate hike in October from 22% to nearly 50%, pushing Treasur...
Bitcoin's price fell below $82,000 on October 14, experiencing a 1.4% decline over the past 24 hours. This drop reflects short-term volatility in the digital asset market. Investors should watch for further price movements as market conditions evolve...
Bitcoin fell more than 1% after the US Consumer Price Index (CPI) showed higher-than-expected inflation, with headline CPI rising to 3.6% YoY. This data increased expectations for a Federal Reserve interest rate hike in October, pushing the odds abov...
US inflation rose to 3.7% in September, driven mainly by a 9.1% jump in gasoline prices, marking the highest inflation rate in four months. This increase caused Bitcoin's price to drop about $1,000 below $83,000 and pushed Treasury yields higher as i...
