Bitcoin price fell 24%+ the last time this metric turned negative — Will it happen again?
Bitcoin derivatives metrics shifted as BTC price fell under $59,000 today. Are lower prices incoming? Go to Source
CPI
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Bitcoin digests US ‘nightmare’ CPI, jobs data as $60K hangs in balance
Bitcoin arguably stands to benefit from macro data upheaval as US CPI and jobless data diverges in a “nightmare” for the Federal Reserve. Go to Source
Bolivia reports 100% rise in virtual asset trading since lifting Bitcoin ban
The rise came immediately after Bolivia’s central bank lifted a 42-month ban on cryptocurrency payments, allowing financial entities to conduct transactions with digital assets. Go to Source
Does Bitcoin’s negative funding rate signal that bears are in total control?
Bitcoin’s perpetual funding rate shows lack of confidence from bulls, but options markets are displaying resilience. Go to Source
Bitcoin dismisses on-point CPI print as daily BTC price losses pass 3%
BTC price weakness continues, taking BTC/USD below $56,000 despite the smallest year-on-year CPI increase since February 2021. Go to Source
Bitcoin drops on Trump Harris debate with BTC price down 2.2% pre-CPI
Bitcoin bulls are caught between a disappointing US Presidential debate and classic pre-CPI BTC price pressure. Go to Source
Fed rate cuts are not a sure thing — What does this mean for Bitcoin?
A portfolio manager says market participants are a bit too optimistic about an aggressive Fed interest rate cut, which could pose risks. Go to Source
Bitcoin falls under $60K as investors’ global economic slowdown concerns rise
Fear of a global economic recession continues to drive investors away from risk-on assets like Bitcoin. Go to Source
BTC price suddenly drops 5% as Bitcoin rejects low CPI print
Bitcoin shrugs off notionally good news on US inflation with a BTC price plunge below $59,000. Go to Source
3 reasons why $65K marks the bottom for Bitcoin
Bitcoin’s resilience amid price drops indicates strengthening support at the $65,000 level. Go to Source
