Key Highlights: Social media mentions referencing “Black Monday” spiked to 176 on October 18, sharply outpacing the 60-day daily average of under two posts. Despite escalating retail panic surrounding the 39th anniversary of the 1987 US market crash, Bitcoin held firm and closed around $82,000, gaining roughly 1 percent. Analytics firm Santiment cautioned that while ...
Key Highlights China’s gross domestic product (GDP) expanded by 4.5 percent year-on-year in the third quarter, surpassing second-quarter growth and boosting global risk appetite. Chinese retail sales climbed 1.1 percent, outpacing consensus estimates of 0.5 percent and indicating resilient domestic consumer demand. Easing crude oil prices and steady monetary policy expectations for the U.S. Federal ...
Key Highlights: Modern market infrastructure relies on tiered circuit breakers established after historic selloffs, designed to halt cash equities when the S&P 500 drops 7%, 13%, and 20%. Mounting macro pressures—surging energy costs, multi-month highs on the VIX volatility index, rising Treasury yields, and an estimated $1.9 trillion loss in tech shares—are triggering concerns of ...
Key Highlights: Spot Bitcoin ETFs experienced slowed yet persistent net outflows, led by roughly $240 million from BlackRock’s IBIT and $163.2 million from Fidelity’s FBTC. Escalating geopolitical friction between the United States and Iran has roiled broader financial markets, pushing Brent crude oil near $106 per barrel and U.S. 10-year Treasury yields to 5.25%. Bitcoin ...
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 Bitcoin rebounded 1.3% to approach $82,000 during Friday’s Asian morning hours after briefly slipping below the $80,000 mark. Major altcoins saw broad-based gains, led by ZEC’s 8% surge to approximately $1,190, alongside modest increases across SOL, ether, XRP, and TRX. Asian equities also mounted a recovery from Thursday’s sell-off, driven by semiconductor gains ...
Key Highlights: Bitcoin plunged briefly toward $80,000 before staging a modest recovery to trade near $81,200, raising questions about whether bullish momentum is fading. Alphractal founder Joao Wedson warned that altcoins may face outsized volatility and selling pressure, noting that altcoin outperformance historically reverses every 60 days back into BTC and stablecoins. Trace Finance CEO ...
Key Highlights: On-chain analytics firm Glassnode reports heavy concentrations of Bitcoin futures long liquidations below the $80,000 threshold and near $75,000. Market data shows that downside liquidation zones are currently more vulnerable than upside levels, creating elevated risks for an accelerated price drop. Pseudonymous crypto analyst Darkfost projects that an ongoing correction could pull Bitcoin ...
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: Bitcoin fell to an intraday low near $81,500 amid broader market declines, sparking over $331 million in crypto liquidations within a 24-hour window. Nearly 89,000 leveraged derivatives traders suffered margin wipeouts, with bullish long positions accounting for approximately 82% of all forced closures. Despite the downturn, Strategy Chairman Michael Saylor announced that the ...
Key Highlights Core Consumer Price Index (CPI) climbed 2.6% year-over-year, beating expectations and driving odds of an October Federal Reserve interest rate hike to between 44% and 49%. Surging Treasury yields and macroeconomic pressure triggered over $281 million in total crypto liquidations across 24 hours, heavily impacting leveraged Bitcoin long positions. Bitcoin traded near $82,211 ...
Key Highlights: Bitcoin traded at $83,220.70 amid significant market turbulence, characterized by $811.79 million in liquidations affecting 169,781 traders within a 24-hour window. Approximately 71.04% of the circulating Bitcoin supply remains in profit compared to 28.96% in loss, reflecting ongoing market stress alongside potential accumulation indicators. U.S. demand signals weakened significantly as the Coinbase Premium ...