US Producer Price Index (PPI) for October rose 6.5%, slightly below the 6.6% forecast, causing Bitcoin to surge from about $69,246 to nearly $70,000 within minutes. This unexpected data caught bearish traders off guard, liquidating approximately $39 million in short positions in just one hour. One large trader with a $52 million Bitcoin short position is now close to forced liquidation. The market remains sensitive ahead of the Federal Reserve's December meeting, where interest rate decisions may hinge on inflation data like this.
The sudden shift in Bitcoin's price after the US PPI announcement contrasts with its current trend on Pluang, where as of Nov 13, 2026 21:21 WIB, Bitcoin trades at Rp1.262.210.841 with a 1-day change of -4.15%. Despite the recent volatility, the market shows strong interest with a 73% buy order activity and a typical hold time of 113 days, reflecting steady investor engagement even as the Federal Reserve's December meeting approaches.
The US Producer Price Index (PPI) report for October is expected to show a 0.4% increase, following a sharp 1.3% rise in September. This data is crucial as it influences expectations for a Federal Reserve interest rate hike in December, which could a...
Bitcoin fell 5.12% to $69,134, leading a 6.22% drop in total cryptocurrency market capitalization to $2.35 trillion. Major coins including Ether, BNB, XRP, Solana, and Dogecoin also declined, with Bitcoin experiencing the largest percentage loss. Mar...
XRP traded at $1.02, down 1.55% over the past 24 hours, showing a smaller decline compared to Bitcoin and Ether, which fell 4.96% and 2.96% respectively. Earlier, XRP had reached a high of $1.65 on September 23 before dropping over 22% to below $1.30...
Bitcoin's weekly MACD indicator is showing a bearish crossover, suggesting a possible downward trend. This signal appears as the MACD line falls below its signal line, despite remaining above zero. Previous MACD crossovers occurred at different Bitco...
Bitway (BTW) mengalami penurunan tajam sebesar 19.43% menjadi $0.854 dalam 24 jam terakhir, menjadi kripto dengan kerugian terbesar di antara 89 aset kripto utama. Selain Bitway, beberapa aset lain seperti Midnight (NIGHT) dan Gram (GRAM) juga turun ...
