Bitcoin fell below $78,000 following U.S. Personal Consumption Expenditures (PCE) inflation data that exceeded expectations, raising concerns about the Federal Reserve's monetary policy. The PCE Price Index rose 0.2% month-over-month in July, above the 0.1% forecast, with annual inflation at 3.7%, higher than the predicted 3.6%. This persistent inflation above the Fed's 2% target pressured risk assets and increased Treasury yields, signaling potential limits on policy easing. Bitcoin's recent rally above $80,000 was interrupted, and investors are now watching if it can regain that level amid ongoing inflation and interest rate concerns.
Cryptocurrency prices exhibit varied changes, with Bitcoin trading above $80,000, reflecting a 2.05% increase. Solana leads notable gains with a 9.26% rise, while other coins like Ethereum and XRP show moderate increases. These fluctuations highlight...
Cryptocurrency markets display varied price changes, with Bitcoin trading above $80,000, up 1.69%, and Ethereum steady near $2,500. Solana leads gains with an increase of nearly 11%, while VeChain also shows strong growth at over 15%. These movements...
Bitcoin options with a notional value of about $6.4 billion are set to expire on August 28, 2026. This large expiry could influence market positioning and volatility, though the actual impact on Bitcoin's price depends on factors like strike distribu...
Bitcoin has defied its usual August trend by climbing over 25% this month, with selling pressure from short-term holders easing and buying interest, especially from U.S. investors, increasing. This surge has pushed Bitcoin back toward the $80,000 mar...
Cryptocurrency markets saw mixed movements with Bitcoin rising nearly 2% to above $80,000, signaling strong investor interest. Ethereum and Binance Coin also posted moderate gains, while Solana surged almost 13%, highlighting growing momentum in cert...
