Bitcoin price fell 1.31% to around $77,278 on September 10, pressured by hotter-than-expected US producer inflation and concerns over a Federal Reserve rate hike. The price broke key technical supports, including the daily Bollinger Band midpoint and 4-hour Supertrend, signaling weakening momentum. Investors also saw significant ETF outflows, adding to selling pressure. Near-term support lies around $76,392, with resistance near $78,650 and $80,000; the market awaits the Fed's September meeting for direction.
Zcash attracted $22.56 million in inflows, outpacing Bitcoin's $6.01 million and Ether's $6.95 million over the past five hours, according to Cryptometer data. Stablecoins USDT and USDC also saw significant distribution across cryptocurrencies. Despi...
Bitcoin traded slightly higher around $83,330, up 0.6% on the day but down nearly 3% over the week, pressured by rising U.S. Treasury yields and a stronger dollar. These factors reflect renewed inflation concerns and cautious investor sentiment, over...
Bitcoin is approaching a rare golden cross on its three-day chart, a bullish signal where the 20-period moving average crosses above the 200-period moving average. Historically, this pattern has preceded an average price gain of about 34%, with past ...
Dogecoin saw the largest 24-hour increase in derivatives open interest among major cryptocurrencies, rising 5.68% to $241 million as traders increased exposure. Other top assets like Bitcoin, Ether, Solana, and XRP also experienced gains in open inte...
In the last 24 hours, the cryptocurrency market showed mixed fund flows among major assets. ZEC, NEAR, and SOL led net inflows with $30.40 million, $27.35 million, and $26.99 million respectively, indicating growing investor interest. Conversely, sta...
