Bitcoin fell nearly 3% to around $63,000 following stronger-than-expected US labor market data, which reinforced the Federal Reserve's hawkish stance and lowered expectations for near-term interest rate cuts. Technical indicators turned bearish as Bitcoin broke below key support levels, with analysts warning that a drop below $62,400 could lead to a retest of June lows near $59,000. Despite some signs of labor market weakness, the overall strong jobs report has pressured risk assets, keeping traders cautious amid ongoing Fed signals of potential tightening in 2026. Bitcoin's price action remains volatile as it navigates critical support zones and liquidity clusters in the coming sessions.
Bitcoin is stabilizing near the $60,000 level as buyers defend this floor, with the price around $64,171. However, on-chain data such as the Realized Profit/Loss Ratio and valuation metrics indicate the market remains bearish, with loss-taking domina...
The Federal Reserve, under Kevin Warsh's first meeting, kept interest rates steady at 3.50%-3.75% but raised the 2026 median rate projection to 3.8%, signaling a tighter policy outlook. Bitcoin traded around $65,000 during this period, a key level in...
Bitcoin showed a slight recovery after US initial jobless claims fell to 226,000, meeting expectations and indicating limited layoffs. However, continuing claims rose, suggesting a gradual cooling in the labor market. This mixed data hints at potenti...
Nearly $460.9 million in leveraged crypto positions were liquidated in 24 hours as Bitcoin and Ethereum gains caused a broad short squeeze, forcing many traders betting on price drops to close positions. Bitcoin rose 1.09% to $140,697 and Ethereum cl...
Cryptocurrency prices, including Bitcoin, Ethereum, and Solana, dropped amid Federal Reserve signals of fewer interest rate cuts and a stronger U.S. dollar. Bitcoin fell 1.3% to about $63,980, while Ethereum declined 1.7% to around $1,741. The Fed's ...
