Bitcoin slipped back below $82,000 shortly after the Wall Street open as early gains faded and traders braced for fresh waves of momentum driven by US equities and bond yields. While US stocks and...
Bitcoin briefly rose back above $83,000 on Monday, driven by renewed willingness of among traders across financial markets to take on additional risk.
Bitcoin treasury company Strive continued to add large numbers of BTC to its balance sheet, while far larger peer Strategy acquired only a small amount.
Bitcoin rose 0.8% to around $82,700 as China’s GDP beat estimates and Nasdaq futures rebounded, while the CoinDesk 80 gained 1.3% and DeFi led gains.
Bitcoin price action failed to improve with equities as a sell wall at $83,000 kept BTC in a tight range.
Analysts expect Bitcoin to retest $80,000 support again as stock markets attempt to recover last week’s losses.
ARB and RAY has rocketed the most over the past day, while TIA and STRK have posted the biggest losses.
CFTC data for Oct. 13 show rising spread legs lifted gross longs despite fewer outright longs, without establishing spot buying. Read the full story on CryptoSlateUnderstand the crypto stories...
Bitwise sees a potential return above $100,000, while LO:TECH expects a narrower trading range as interest-rate uncertainty weighs on the market.
First reported:
First saved on ClustZ:
Coverage updated:
We use cookies to improve your experience and analyze site traffic. By clicking "Accept", you agree to our use of cookies. See our Privacy Policy.