The U.S. has officially become a net importer of Bitcoin for the first time since 2022, according to a report by Chainalysis. This shift signifies a change in market dynamics, with institutions increasingly purchasing Bitcoin while retail investors have taken a step back. As the U.S. crypto economy reaches a total of $2.78 trillion, the
A week ago, the CME FedWatch Tool revealed a 17.7% probability of a 25bps interest rate hike during 28th October’s FOMC meeting. At the time of writing, that probability had risen to 27.7%. Source: CryptoQuant Bitcoin’s [$BTC] funding rates on Binance fell to -0.0073%, reported crypto analyst Darkfost. Negative funding rates revealed that a majority
The U.S. dollar weakened on Friday, but Bitcoin struggled to extend its recovery, remaining below $84,000 after Thursday’s sell-off and trading in the $82,000-$83,000 range. Inflation concerns, uncertainty over Federal Reserve policy and uneven crypto demand have left the currency move insufficient to produce a sustained rally. Why a Falling DXY Is Not Enough A
Bitcoin Dips Below $81,000 After Midweek Reversal Bitcoin lost the $82,000 threshold Friday, roughly 24 hours after reversing a downtrend that saw the cryptocurrency dip below $80,000 for the first time in weeks. The decline came amid rising oil prices and a sell-off in tech stocks, particularly companies tied to artificial intelligence hardware and infrastructure.
Two hot inflation reports in two days resulted in Bitcoin falling below $80,000 on Oct. 15. September CPI accelerated to 3.7% from 3.4%, and producer prices jumped 1.3% on the month, the largest rise since March 2022 and more than double the forecast in most surveys. Can-Luca Köymen, investment strategist at Sygnum, said in a
Bitcoin ($BTC) traded near $82,000 around Friday’s Wall Street open as crypto markets stabilized alongside a rebound in South Korean stocks. Key points: Bitcoin price volatility eased as South Korean stocks rebounded 2% on Friday, offering relief after a steep sell-off. Federal Reserve Chair Kevin Warsh gave no indication of further interest-rate hikes during a
Bitcoin ($BTC) price briefly dropped below $80,000 on October 15 after US PPI inflation came in hot at 6.3%. The rising inflation has now triggered hawkish remarks from Fed officials as the odds of one more Fed rate hike in 2026 soar. Know when your coins moveAlerts, real-time prices, and market news — all in
Crypto analyst Matthew Hyland expects Bitcoin to exceed $250,000 this cycle and says a later 70% bear market would need a peak of $350,000 or more, even though $BTC trades near $82,000 today. The case rests on a theory that this cycle runs eight years instead of four, which would put the top in 2028
Bitcoin continued to be in a negative sentiment on October 16 as $1.47 billion in Bitcoin options were up for renewal and worries over possible U.S military strikes against Iran lingered. The expiration coincided with a wider pullback in financial markets, which further deterred Bitcoin’s recovery path and its next big move. Know when your