Bitcoin Consolidates Near $78,000 as Investors Await Key US Inflation, Fed Cues
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6 Articles
The Economic Times
Times of IndiaBitcoin consolidates near $78,000 as investors await key US inflation, Fed cues
Bitcoin traded near the $78,000 mark on Thursday as investors awaited key US inflation data and the Federal Reserves September 16 rate decision. The cryptocurrency remained range-bound amid macroeconomic uncertainty, while Ethereum and major altcoins also declined. Analysts said upcoming economic data and geopolitical tensions could determine the markets next move.
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CryptoSlateBitcoin traders bet borrowed money on a rally as oil surges ahead of Friday’s inflation test
Bitcoin is holding above $78,000 as Brent crude breached $100 and rising Treasury yields revived inflation fears. Data from CryptoSlate showed the flagship cryptocurrency trading around $78,451 at press time, with little sign of the pressure spreading across bond and energy markets after an...
coin-turk.com
BITRSS🚨 Bitcoin remained below the $79,500 resistance level ahead of US inflation data. 📉 The inability to break above $79,500 for $BTC kept the risk of a pullback towards $70,500 alive. 📊 Analysts are watching the $63,000 to $71,000 range as a critical support zone on a broader scale. 🛢️ Oil approaching $100 increased inflation concerns in the week of September 9. Read More: Bitcoin Stuck Around $79,500 Before US Inflation Data The article "Bitco…
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