The US Bureau of Economic Analysis will release the core Personal Consumption Expenditures (PCE) inflation data for August today at 8:30 am ET, a key indicator the Federal Reserve uses to guide interest rate decisions. Bitcoin is currently trading near $83,329, close to a critical support level of $82,735. A higher-than-expected core PCE could signal prolonged Fed rate hikes, pushing real interest rates up and potentially causing capital to flow out of non-yielding assets like Bitcoin. Investors with leveraged positions should monitor liquidation risks, especially with Germany's retail leverage cap at 1:2. Additionally, German investors should consider the one-year holding period for tax-free gains when deciding whether to sell. The inflation data release is the last major economic update before the Fed's October meeting, making it crucial for crypto market direction.
While Bitcoin hovers near the $82,735 support level mentioned in the article, on Pluang it trades at Rp1.487.948.934 as of Sep 30, 2026 10:22 WIB, slightly down 0.26% in the last day. This price sits within a market where 96% of the total 21 million BTC supply is circulating, and investor activity leans 70% toward buying. The typical hold time of 110 days on Pluang highlights a moderate-term investor base amid this critical inflation data release period.
Open interest in crypto derivatives has risen to $41.6 billion, driven by Bitcoin at $23.4 billion, Ethereum at $15.5 billion, and Solana at $2.7 billion amid a price recovery. This increase signals growing trader participation and higher leverage us...
A Bitcoin trader increased their long position by about $1.6 million and closed a previous long position of 104.81 BTC valued at approximately $8.7 million. The closed long was opened at an average price of $82,971.69 per BTC and closed at $83,068.30...
A recent Bank for International Settlements (BIS) paper argues Bitcoin can't function as everyday money due to lack of credit structures and public backstops, while Michael Saylor agrees Bitcoin is better as capital than currency. Both see credit as ...
Bitcoin traded near $84,500, up 2.5% in 24 hours, recovering from a mid-October dip below $80,000. The total crypto market cap rose 2.2% to $2.9 trillion, with XRP and Zcash showing strong gains. Inflation concerns eased slightly as Brent crude and U...
Bitway (BTW) surged 27.65% in 24 hours to $2.10, topping gains among the 90 largest cryptocurrencies excluding stablecoins. Overall, 78 of these assets advanced, including Rain (RAIN) up 13.45% and Pearl (PEARL) rising 12.74%. Bitcoin and Ether also ...
