Bitcoin dropped below $77,000 on September 10 following stronger-than-expected U.S. inflation data, which increased the likelihood of a Federal Reserve interest rate hike. The Producer Price Index rose 5.4% year-over-year, pushing Fed hike odds to around 70-74% for the upcoming September 16 meeting. Rising oil prices and higher Treasury yields also pressured Bitcoin, alongside declines in traditional stock markets and outflows from Bitcoin ETFs. Investors now await the Consumer Price Index report, which could further influence Fed policy and Bitcoin's direction.
Bitcoin has repeatedly tested key support levels without breaking down, indicating strong underlying demand even amid macroeconomic challenges. Market analyst @jvisserlabs highlights this pattern as a structural signal of seller exhaustion and buyer ...
On October 24, Akedo (AKE) experienced a sharp decline of 21.41%, falling to $0.0308 and leading losses among the 90 largest cryptocurrencies excluding stablecoins. Other significant movers included Beldex (BDX), which gained 3.90%, and Worldcoin (WL...
Bitcoin fell to $79,220 on Binance due to rising geopolitical tensions between the US and Iran, triggered by Trump's threats and US embassy evacuations. This caused $841 million in crypto liquidations within 24 hours, mostly from long positions. Bitc...
Bitcoin has dropped over 3.5% in October, nearing last year's decline, with concerns growing about a potential repeat of the sharp November 2025 sell-off when BTC fell over 17%. Institutional investors are pulling out from Bitcoin ETFs, recording sig...
Akedo (AKE), ranked 91st by market cap, dropped 16.49% to $0.0291, marking the steepest decline among major cryptocurrencies in the last 24 hours. This fall occurred as 79 of the 90 largest cryptocurrencies, excluding stablecoins, also saw losses. Bi...
