Bitcoin traded around $77,000, slightly up but under pressure ahead of crucial US inflation data that could influence the Federal Reserve's upcoming interest rate decision. The broader crypto market also faced declines amid rising oil prices and higher US Treasury yields, which raised inflation concerns and reduced appetite for risky assets. Despite short-term weakness, institutional demand remains strong, with significant inflows into US spot Bitcoin ETFs. The market's next move depends on whether inflation data supports another Fed rate hike or allows Bitcoin to challenge $80,000 again.
A Bitcoin whale made $1.36 million through eight successful short trades over 20 days. Following this, the whale executed three large trades totaling nearly $25 million in a single day, with exit plans prearranged. This activity suggests a strategic ...
Significant Bitcoin transfers into Fidelity and BlackRock ETF wallets, totaling over $54 million, indicate renewed institutional interest despite recent price weakness. Additionally, 40 new wallets withdrew approximately 9,458 BTC worth $771.5 millio...
Technology stocks and Bitcoin declined sharply as investors moved toward safer assets like U.S. Treasurys, causing the 10-year Treasury yield to drop below 5%. The Philadelphia Semiconductor Index fell 6.7%, and the Nasdaq Composite dropped 2.6%, mar...
Bitcoin's price climbed back above the key $80,000 level after ETF inflows returned on October 19, signaling renewed investor interest despite subdued trading activity. U.S. spot Bitcoin ETFs and corporate treasury holdings have average cost bases ne...
Bitcoin, Ether, and XRP all rebounded on Friday following a pullback that tested important chart support levels. Bitcoin found support near its 50-day, 100-day, and 200-day moving averages, with resistance around $85,000. Ether showed support near $2...
