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#Cryptocurrency market

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JPMorgan and Goldman Sachs Draw Market Attention in Crypto Sector
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JPMorgan and Goldman Sachs Draw Market Attention in Crypto Sector

Key Highlights The cryptocurrency market is currently exhibiting mixed momentum with subdued trading volume as market participants adopt a cautious approach. Investors are closely monitoring signals and expanding involvement from major financial institutions, specifically JP Morgan and Goldman Sachs. Upcoming regulatory shifts and political catalysts, including approaching midterm elections, are expected to introduce potential volatility ...

Crypto Market Loses Over $42 Billion Amid Sticky US Inflation
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Crypto Market Loses Over $42 Billion Amid Sticky US Inflation

Key Highlights: Bitcoin fell 2% over 24 hours to trade near $81,861, leading broader market losses across major altcoins including Ethereum, XRP, and Solana. The sell-off followed hotter-than-expected U.S. inflation data, with core CPI printing at 0.3% against market expectations of 0.2%. Despite the downturn, long-term sentiment remains strong, with institutional interest persisting and 84% ...

Bitcoin Reaction as Critical US Inflation Data Is Released
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Bitcoin Reaction as Critical US Inflation Data Is Released

Key Highlights: U.S. headline CPI climbed 3.7% year-over-year in September, exceeding market forecasts of 3.6%. Core CPI also came in hot, rising 2.6% annually and 0.3% month-over-month against expectations of 2.5% and 0.2%, respectively. Higher inflation strengthens the prospect of prolonged tighter monetary policy from the Federal Reserve, raising concerns over short-term selling pressure on ...

How U.S. Inflation Could Influence Bitcoin, According to Analysts
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How U.S. Inflation Could Influence Bitcoin, According to Analysts

Key Highlights: The upcoming September U.S. Consumer Price Index (CPI) report is forecast to show a 0.6% monthly rise and a 3.6% annual increase, while core CPI is projected to increase 0.2% month-on-month and 2.5% annually. Cryptocurrency market participants are closely monitoring the data for insights into future Federal Reserve monetary policy and benchmark interest ...

Bitwise’s Matt Hougan Says Q3 Charts Point to ‘crypto spring’
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Bitwise’s Matt Hougan Says Q3 Charts Point to ‘crypto spring’

Key Highlights: All 10 constituents of the Bitwise 10 Large Cap Crypto Index registered double-digit gains in Q3, led by Chainlink surging 97.6%, Ether advancing 69.1%, and Bitcoin rising 42.3%. Despite the asset rebound, digital asset-adjacent equities lagged, with shares of Riot Platforms, Hut 8, and Galaxy Digital dropping significantly during the third quarter. Bitwise ...

Critical Levels for Bitcoin Revealed as Analyst Warns Risk Could Escalate Below Key Price
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Critical Levels for Bitcoin Revealed as Analyst Warns Risk Could Escalate Below Key Price

Key Highlights: Market analyst Wedson identifies $82,658 as Bitcoin’s most critical short-term price threshold for sustaining a recovery. Key upward resistance levels to watch are positioned at $91,051 and $99,444. A decline below the $74,264 level would push short-term holders into unrealized losses, potentially triggering elevated market selling pressure. Bitcoin Faces Pivotal Price Thresholds Amid ...

Is the Bitcoin Bear Market Over? CryptoQuant CEO Issues Striking New Prediction
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Is the Bitcoin Bear Market Over? CryptoQuant CEO Issues Striking New Prediction

Key Highlights CryptoQuant CEO Ki Young Ju stated that the Bitcoin bear cycle has concluded. Market behavior over the next 12 to 24 months is projected to be characterized by either upward movement or sideways consolidation. The outlook does not specify a concrete price target and accounts for potential volatility driven by macroeconomic and geopolitical ...

Just $1 in SHIB Burned as Shiba Inu Resumes Token Burn After Hiatus
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Just $1 in SHIB Burned as Shiba Inu Resumes Token Burn After Hiatus

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 Flashes Signal Preceding 34% Average Gains: Is $100K Next?
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Bitcoin Flashes Signal Preceding 34% Average Gains: Is $100K Next?

Key Highlights A rare golden cross is nearing confirmation on Bitcoin’s three-day chart as the 20-period exponential moving average approaches a cross above the 200-period EMA. On-chain metrics reflect resilient underlying dynamics, with whale wallets holding roughly 3 million BTC, low overall exchange reserves, and rebounding Apparent Demand. Macroeconomic headwinds are moderating as Brent crude ...

Bitcoin Rebounds Above $83,000, Decoupling from Tumbling Korean Stocks and Nasdaq Futures
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Bitcoin Rebounds Above $83,000, Decoupling from Tumbling Korean Stocks and Nasdaq Futures

Key Highlights Bitcoin rebounded above $83,000 on Tuesday after dipping below $81,000 during early trading hours. Broader crypto assets, including Ether, XRP, Solana, and Zcash, recovered alongside Bitcoin despite an Asian equity selloff. Global market sentiment faced headwinds from a sharp drop in South Korea’s KOSPI, lower U.S. tech futures, and sustained crude oil prices ...

Bitcoin Drops Below $82,000 as $406 Million in Longs Liquidated
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Bitcoin Drops Below $82,000 as $406 Million in Longs Liquidated

Key Highlights: Bitcoin plunged below $82,000, triggering widespread liquidations headlined by a single $9.65 million long position liquidated on Binance at $81,772. Mounting institutional selling, marked by roughly $679 million to $681 million in U.S. spot Bitcoin ETF outflows, coincided with rising 10-year Treasury yields reaching 5.24% to 5.3%. Major altcoins including Ethereum, Solana, and ...

Bitcoin Faces $80K Risk or $86K Rebound on CPI Data, Analysts Say
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Bitcoin Faces $80K Risk or $86K Rebound on CPI Data, Analysts Say

Key Highlights: Bitcoin price targets are pinned between an $80,000 downside risk and an $86,000 recovery, heavily hinging on upcoming U.S. CPI and PPI inflation reports. Institutional sentiment faces friction following substantial weekly spot Bitcoin ETF outflows, including a single-day withdrawal of $484.9 million on October 7. Geopolitical friction and elevated crude oil prices have ...