Browsing: Market

Bitcoin faces a tougher interest-rate outlook after US inflation data released Oct. 14 pushed bets on another Federal Reserve hike sharply higher. Rising Treasury yields could weigh on Bitcoin by making interest-bearing dollar assets more attractive.

Bitcoin fell below $83,000 on Wednesday as hotter-than-expected US core inflation data revived expectations of further Federal Reserve interest rate hikes, triggering a fresh wave of liquidations across the cryptocurrency market.

The market is a bit more buoyant as the U.S. Senate confirmed Trump’s nominee Michael Selig to lead the CFTC and potentially bring regulatory clarity to the crypto industry. Bitcoin reclaimed $88.2K after having slid to $85K earlier, but still finished the week 4% down. Tread carefully, though, as Fidelity warns that BTC could drop…

Several altcoins have posted weekly gains despite a broader decline in the crypto market, with Cosmos Hub (ATOM), Jupiter (JUP) and JUST (JST) leading the group. These tokens also outperformed the crypto market, including Pyth Network (PYTH), Bitway (BTW), Stacks (STX), and XDC Network (XDC).

Bitcoin traded near $82,900 in PerpFinder’s Oct. 10, 09:36 UTC snapshot, with traders watching whether the weekend rebound brings fresh leverage or further position unwinding.

Ethereum’s slide toward $2,500 has put about $1.35 billion of leveraged long positions at increasing risk of liquidation.

BlockchainCryptocurrency Author Ahmed Barakat Author Part of the Team Since Mar 2024 About Author

James E. Thorne, Chief Market Strategist at Wellington-Altus, evaluating Bitcoin’s long-term technical outlook, stated that the medium-term trend in the cryptocurrency market has turned bullish again, and the current structure presents a very strong outlook.

The crypto market has continued to rally even after the CLARITY Act, a U.S. market-structure bill for digital assets, stalled in the Senate, prompting analysis that the market benefited from avoiding some of the regulatory burdens embedded in the legislation.

The altcoin market has added more than $371 billion in capitalization since June 2026 as 87% of Binance-listed altcoins climbed above their 200-day moving averages $371 billion has entered TOTAL2 since June, lifting altcoin market capitalization by roughly 45% overall. 87% of Binance-listed altcoins now trade above their respective 200-day moving averages, Darkfost estimates today