BTC Tests $114,000 on Cooler US PPI as Fed Cuts Loom

Key takeaways: Bitcoin broke $114,000 as data showed PPI inflation cooled sharply in August. Traders believe the data could push the Federal Reserve to cut rates in September. Long-term onchain trends show short-term turbulence occurring after Fed rate cuts, then longer-term upside. Bitcoin (BTC) surged above $114,000 for the first time since Aug. 24, extending … Read more

BTC Tests $114,000 on Cooler US PPI as Fed Cuts Loom

Key takeaways: Bitcoin broke $114,000 as data showed PPI inflation cooled sharply in August. Traders believe the data could push the Federal Reserve to cut rates in September. Long-term onchain trends show short-term turbulence occurring after Fed rate cuts, then longer-term upside. Bitcoin (BTC) surged above $114,000 for the first time since Aug. 24, extending … Read more

Stellar’s XLM Tests $0.40 Resistance as Institutional Flows Drive Volatility

Stellar’s native token, XLM, traded in a narrow but active range over the past 24 hours, reflecting broader pressures across the digital asset market. Between Aug. 26 at 15:00 and Aug. 27 at 14:00, the cryptocurrency moved within a $0.017 band – about 4% – from a high of $0.40 to a low of $0.38. … Read more

HBAR Tests Critical Level of Support at $0.23 After Failed Bounce

Hedera’s native token HBAR is testing a key level of support at $0.23 after selling off by more than 3% on Friday. Trading volume spiked beyond 80 million during crucial intraday windows on August 21. Despite the sell-off, HBAR has a number of bullish catalysts; SWIFT revealed plans to launch live blockchain payment trials featuring … Read more

DOGE Tests 22-Cent Support as $782M Volume Unleashes Stop-Loss Cascade

Dogecoin slid overnight, erasing gains despite heavy institutional accumulation, as $782 million in trading volume overwhelmed support levels and sent the token into correction mode. The move came alongside broad crypto liquidations, reflecting heightened macro pressure. News Background • Dogecoin dropped from $0.23 to $0.22 in a 24-hour window ending August 19 at 04:00, marking … Read more

BNB Swings 4% in 24 Hours as Corporate Buying Tests $800 Resistance

BNB has been seeing turbulence over the last 24-hour period, enduring a 4% swing over the period between the $793 to $827 range, before settling just above the $800 level. The token initially moved to a peak of $827 as the rally started, with more than 146,000 tokens traded in a single hour before sellers … Read more

BTC Price Tests Support Before Aiming Higher: Crypto Daybook Americas

By Omkar Godbole (All times ET unless indicated otherwise) In the world of rock climbing, athletes don’t simply grab a new ledge and reach out for the next one. First, they put their full weight on the new ledge to ensure it’s solid before aiming higher. Bitcoin has followed a similar pattern since Friday’s U.S. … Read more

XRP Prints Higher Lows, Tests $3.23 Resistance With Heavy Volume

XRP posted modest gains despite intraday volatility, recovering from early lows to close near $3.22 on strong afternoon volumes. Institutional accumulation and a late-session rally hint at upside continuation. What to Know XRP advanced 1.3% during the 24-hour period ending July 27 at 20:00, trading between a low of $3.15 and a high of $3.23. … Read more

BONK Tests Support Levels After High-Volume Drop

BONK has endured heavy selling pressure during the last 24 hours, with the Solana-based meme token falling 4% from $0.000035 to $0.000033. A volatile trading range of $0.000014 defined the session as investors digested elevated valuations and market-wide positioning shifts. The asset reached an early peak of $0.0000377 at 02:00 UTC, but efforts to extend … Read more

Apple Tests New Macs With M2 Max and M2 Ultra Chips Ahead of WWDC 2023

Apple is testing a pair of new high-end Macs and their accompanying processors ahead of its Worldwide Developers Conference next week, suggesting that it’s nearing the release of professional-focused desktop computers. The company is planning two new Mac models — labelled internally as Mac 14,13 and Mac 14,14 — that run the M2 Max processor … Read more