Browsing: Bitcoin (BTC) Price

The cryptocurrency market enjoyed a short-lived rebound before sellers regained control over the past several hours. Some leading digital assets, including Bitcoin (BTC), Hyperliquid (HYPE), and Zcash (ZEC), were not spared in the latest pullback, all of which entered red territory.

Bitcoin is pushing back toward $86K after buyers defended the $80K short-term demand zone once again, with BTC trading close to $85K. The rebound comes as markets price in roughly a 25% chance of another Fed hike at the late October meeting, following September’s quarter-point increase. Meanwhile, the NVM Ratio has climbed to its highest…

Bitcoin is trading around $83K after the rejection from the $86K to $90K resistance zone weakened short-term structure, while the Coinbase Premium Index has turned sharply negative, suggesting US-based buying demand may be fading. BTC is attempting to stabilize, but buyers need to reclaim nearby resistance to improve the outlook.