Bitcoin price fell below $80,000 following stronger-than-expected US employment data that increased expectations for a Federal Reserve rate hike. The US added 162,000 jobs in August, keeping unemployment steady at 4.1%, which raised the probability of a Fed rate increase in September to 61%. This led to selling pressure on Bitcoin, which faced resistance near $82,500 and support around $78,190. Analysts warn of a possible bull trap unless Bitcoin breaks above $82,500 with strong volume, while the upcoming US inflation report on September 11 could influence Bitcoin's next move.
On October 9, Solana (SOL) recorded the highest funding rate among major cryptocurrencies at 0.0100% every eight hours, annualizing to 10.9%. This occurred even as its open interest decreased by 2.65% to $925.6 million, with traders mostly holding lo...
Bitcoin Cash fell 7.3% to $273.80 on October 9, 2026, recovering only 16% of its prior day's decline, unlike Bitcoin which rebounded 88%. The drop lacks a clear trigger such as network issues or delistings, suggesting profit-taking or market repricin...
Bitcoin increased by 0.98% to $82,522, while the total cryptocurrency market capitalization dropped 2.03% to $2.79 trillion. Major coins showed mixed performance: Ether rose 0.46%, XRP gained 1.01%, and BNB increased 0.94%, but Solana declined 0.57%....
Cosmos Hub (ATOM) led the top 90 cryptocurrencies by market cap with a 16.96% increase, reaching $2.02. This followed an earlier 18.13% gain on the same day, highlighting strong momentum. Other notable gainers included Bitway (12.45%), Polkadot (12.0...
Bitcoin briefly recovered to $83,000 after falling to a month-low of $80,308, pushing its market cap to $1.66 trillion. The rebound followed heavy outflows of over $700 million from spot bitcoin ETFs this week, signaling ongoing selling pressure from...
