US PCE Inflation Data Fails to Stop Bitcoin Dipping Under $109,000

Key points: Bitcoin sellers attempt to break support at $109,000 at the week’s final Wall Street open. BTC price action can head toward $100,000 as a result, despite a large “deleveraging” event. US PCE inflation offers no relief for crypto bulls. Bitcoin (BTC) threatened new September lows at Friday’s Wall Street open as US inflation … Read more

US PCE Inflation Data Fails to Stop Bitcoin Dipping Under $109,000

Key points: Bitcoin sellers attempt to break support at $109,000 at the week’s final Wall Street open. BTC price action can head toward $100,000 as a result, despite a large “deleveraging” event. US PCE inflation offers no relief for crypto bulls. Bitcoin (BTC) threatened new September lows at Friday’s Wall Street open as US inflation … Read more

US PCE Inflation Data Fails to Stop Bitcoin Dipping Under $109,000

Key points: Bitcoin sellers attempt to break support at $109,000 at the week’s final Wall Street open. BTC price action can head toward $100,000 as a result, despite a large “deleveraging” event. US PCE inflation offers no relief for crypto bulls. Bitcoin (BTC) threatened new September lows at Friday’s Wall Street open as US inflation … Read more

US PCE Inflation Data Fails to Stop Bitcoin Dipping Under $109,000

Key points: Bitcoin sellers attempt to break support at $109,000 at the week’s final Wall Street open. BTC price action can head toward $100,000 as a result, despite a large “deleveraging” event. US PCE inflation offers no relief for crypto bulls. Bitcoin (BTC) threatened new September lows at Friday’s Wall Street open as US inflation … Read more

US PCE Inflation Data Fails to Stop Bitcoin Dipping Under $109,000

Key points: Bitcoin sellers attempt to break support at $109,000 at the week’s final Wall Street open. BTC price action can head toward $100,000 as a result, despite a large “deleveraging” event. US PCE inflation offers no relief for crypto bulls. Bitcoin (BTC) threatened new September lows at Friday’s Wall Street open as US inflation … Read more

US PCE Inflation Data Fails to Stop Bitcoin Dipping Under $109,000

Key points: Bitcoin sellers attempt to break support at $109,000 at the week’s final Wall Street open. BTC price action can head toward $100,000 as a result, despite a large “deleveraging” event. US PCE inflation offers no relief for crypto bulls. Bitcoin (BTC) threatened new September lows at Friday’s Wall Street open as US inflation … Read more

US PCE Inflation Data Fails to Stop Bitcoin Dipping Under $109,000

Key points: Bitcoin sellers attempt to break support at $109,000 at the week’s final Wall Street open. BTC price action can head toward $100,000 as a result, despite a large “deleveraging” event. US PCE inflation offers no relief for crypto bulls. Bitcoin (BTC) threatened new September lows at Friday’s Wall Street open as US inflation … Read more

Risk-Off Sentiment Dominates Ahead of PCE Release

The crypto market is a sea of red, with the CoinDesk 20 Index down 5% in 24 hours and all members lower. Most major tokens continue to see capital outflows from futures market and persistent bias for protection against declines in the form of put options tied to BTC$109,280.84 and ETH$3,930.36 on Deribit. Friday’s U.S. … Read more

Fed Speakers, U.S. PCE, Hedera Upgrade: Crypto Week Ahead

You are reading Crypto Week Ahead: a comprehensive list of what’s coming up in the world of cryptocurrencies and blockchain in the coming days, as well as the major macroeconomic events that will influence digital asset markets. For an updated daily email reminder on what’s expected, click here to sign up for Crypto Daybook Americas. … Read more

Ether (ETH) May Outperform Bitcoin (BTC) If PCE Inflation Report Is Soft: Crypto Daybook Americas

Crypto Daybook Americas will not be published on Monday due to the Labor Day holiday. It will return on Tuesday. By Omkar Godbole (All times ET unless indicated otherwise) Bitcoin BTC$110,079.84 has dropped nearly 3% to $109,800 in the past 24 hours, pulling the broader market, including ether (ETH), down with it. But those losses … Read more