Key Highlights: U.S. monthly producer prices saw their steepest increase since March 2022, compounding pressure alongside hot consumer inflation data. Bitcoin briefly dropped below $80,000 in response to the economic reports before recovering back toward $82,000. Technical indicators point to potential retest zones near $78,000, with key exponential moving averages sitting around $76,144 and $78,459. ...
Key Highlights: September’s Consumer Price Index (CPI) climbed 3.7% year-over-year, spurred by a 9.1% monthly spike in gasoline prices and firmer core inflation. Bitcoin dropped below the $82,000 threshold to trade near $81,850 as receding Federal Reserve rate-cut expectations dampened risk appetite. Spot cryptocurrency funds saw significant redemptions, with Bitcoin ETFs losing $681 million and ...
Key Highlights: Shiba Inu ($SHIB) saw 176.35 million tokens burned over the past seven days, bringing the 30-day burn aggregate to 709.44 million tokens. $SHIB slid 3.64% over a 24-hour window to $0.00000522, touching a low of $0.00000502 amid broad crypto liquidations totaling $759 million. Market participants remain cautious ahead of major U.S. macroeconomic releases, ...
Bitcoin slipped below $78,000 on Tuesday as traders braced for a critical week of U.S. inflation data, starting with the Producer Price Index (PPI) release. The pullback erased early-week gains that had briefly tested the $80,000 resistance level, and the broader altcoin market followed suit, with Ethereum (ETH), XRP, and BNB all posting losses. PPI ...
Traders worked the floor of the New York Stock Exchange on Aug. 25, 2026, as U.S. equities slid Thursday after domestic oil prices surged past $100 a barrel. The selloff reflected mounting anxiety that a prolonged conflict in the Middle East would fuel higher inflation and keep interest rates elevated for longer. Major Indexes Finish ...