Bitcoin's price briefly surged to $85,600 following the release of U.S. August personal consumption expenditures (PCE) inflation data, signaling a market reaction to inflation news. Shortly after, the price fell back to $84,350. During the four hours after the data release, derivatives markets saw $55 million in short position liquidations and $27 million in long position liquidations, indicating significant trading activity and volatility. This movement reflects how inflation data can impact cryptocurrency markets and investor sentiment in the short term.
Following the recent volatility in Bitcoin prices linked to U.S. inflation data, Bitcoin on Pluang trades at Rp1.502.564.797 as of Oct 01, 2026 01:03 WIB, showing a modest 0.66% gain over the past day. The platform reports a market cap of Rp30.337,3 trillion and a 24-hour trading volume of Rp633,73 trillion, with a majority of users (63%) buying and a typical hold time of 110 days. This activity highlights sustained investor interest despite short-term price swings.
Bitcoin's price briefly surged above $85,500 following the release of lower-than-expected U.S. inflation data for August, signaling potential easing inflation pressures. However, the gains were quickly reversed, with the price falling back to around ...
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...
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 ar...
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...
