Bitcoin briefly fell to about $76,050 following the release of the US inflation report, which showed a 0.4% increase in the Consumer Price Index for August and a core inflation rise of 0.3%, slightly above expectations. Despite this, Bitcoin quickly recovered and traded above $77,100, reflecting mixed investor reactions to the inflation data and its implications for Federal Reserve interest rate decisions. Ethereum and other major cryptocurrencies also remained stable or gained, indicating limited broader market impact. The inflation data suggests persistent price pressures, which could influence the Fed's policy in the upcoming September meeting.
TD Sequential buy signals appeared on the four-hour charts of Bitcoin, Ethereum, and XRP following significant price corrections: Bitcoin fell 5.55% to $82,150, Ethereum dropped 7.36% to $2,537, and XRP declined about 9.2% to $1.39. These signals sug...
Bitcoin, Ether, and XRP all flashed four-hour TD Sequential signals indicating possible short-term exhaustion after recent steep declines, with Bitcoin dropping over 5% and Ether over 7%. Key technical levels for Bitcoin range around $81,000 to $83,3...
Bitcoin, Ethereum, and XRP have all triggered four-hour TD Sequential buy signals following recent sharp price declines, suggesting potential early rebounds. Bitcoin fell 5.55% from its October 5 high, with key support near $81,000 to $83,300, while ...
Ethereum fell below its key support level of $2,565 following heavy selling pressure and large ETF outflows, signaling a bearish short-term trend. Institutional demand favors Bitcoin over Ethereum, with Ethereum ETFs seeing significant outflows while...
Chainlink (LINK), Cardano (ADA), and Solana (SOL) are showing signs of further declines following a broad cryptocurrency market pullback. LINK is breaking below a key technical pattern and may drop to $12.39 or $11.98 if it fails to reclaim $13.56 re...
