Bitcoin is trading close to $79,000 following August's Producer Price Index (PPI) data, which slightly exceeded expectations due to rising energy costs. Despite a small dip, Bitcoin rebounded toward $80,000 as investors balanced inflation concerns with strong demand for U.S. spot Bitcoin ETFs, which attracted $603.3 million in early September. Mid-sized coin inflows to major exchanges dropped, easing selling pressure, while whale holdings remained stable. Strategist Matt Mena from 21Shares forecasts Bitcoin could reach $100,000 in Q4, with upcoming key events including the August Consumer Price Index release and the Federal Reserve's policy meeting.
Bitcoin remains the most searched cryptocurrency as of Oct. 17, holding a $1.64 trillion market capitalization despite a 0.54% price decline to $81,432. Other top searched tokens like Injective, Derive, and Quant also saw price drops ranging from 2% ...
On October 17, Solana (SOL) experienced the largest decline in open interest among major cryptocurrencies, falling 4.25% to $929.5 million. Bitcoin's open interest also decreased by 0.69% to $7.68 billion. Both Solana and Bitcoin had the highest fund...
U.S. spot funds linked to Bitcoin and Ether experienced net withdrawals totaling $548.5 million over five trading sessions ending October 16. Ether funds accounted for $320.1 million of these outflows, while Bitcoin funds saw $228.4 million withdrawn...
Among the 90 largest cryptocurrencies by market cap, 75 declined over the past 24 hours, with LayerZero (ZRO) experiencing the largest loss of 12.89%, falling to $1.95. Celestia (TIA) led the gainers, rising 9.11% to $0.726. Other notable movers incl...
Monero released a maintenance update 0.18.5.4 fixing bugs without changing network rules, while its price rose 6.93% over the week, outperforming Bitcoin and most major cryptos. The update improves DNSSEC validation and JSON interface functionality. ...
