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US CPI In Focus After Jobs Data Dampens 50 BPS Fed Rate Cut Hopes

CoinGape 06 Oct 2024
The crypto market is waiting for the US Consumer Price Index (CPI) data, which is scheduled to be released later this week. The data, crucial to understanding the inflationary pressure in the economy, would be closely watched by investors, especially after the gloomy US Job data weighed on market sentiment ... Crypto Market Awaits US CPI Data ... Meanwhile, amid this, the US CPI data will play a crucial role in shaping the market sentiment.

Is Bitcoin Gearing for a Major Move to $65,000? (BTC Price Analysis)

CryptoPotato 06 Oct 2024
Bitcoin’s price has recently experienced a decline following news of conflict in the Middle East. However, the market has seemingly found a footing ... By Edris Derakhshi (TradingRage) Bitcoin Net Realized Profit and Loss (NRPL). Bitcoin’s price has been consolidating for more than six months now, and market participants are still speculating whether the cycle top has formed or whether higher prices will be seen shortly.

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Latest Prices

# Name Price Volume (24h) % Change (24h)
1 Bitcoin (BTC) $ 9379.51121871 29291234397.1 -2.12 %
2 Litecoin (LTC) $ 68.6382381813 5720089694.18 -1.62 %
3 Ethereum (ETH) $ 181.975638826 11767008363.1 -0.48 %
4 Veritaseum (VERI) $ 18.45 0 0.00 %
5 EOS (EOS) $ 4.206085936 3774755482.59 -0.25 %
6 Centra (CTR) $ 0.01471 0 0.00 %
7 DigiByte (DGB) $ 0.0062005626 942236.540577 0.00 %
8 AdEx (ADX) $ 0.05420 88877.21 -1.21 %
9 Humaniq (HMQ) $ 0.004962 14208.2208233 0.00 %
10 Private Instant Verified Transaction (PIVX) $ 0.2293 734764.276735 -3.14 %
11 XRP (XRP) $ 0.2412959304 1903216173.21 0.88 %
12 Bitshares (BTS) $ 0.0211442821 3198719.09431 -1.80 %
13 BitSwift (SWIFT) $ 0.4051 0 0.00 %
14 OmiseGo (OMG) $ 0.9035012009 73564679.2141 2.52 %
15 Sphere Coin (SPHR) $ 0.06553 0 0.00 %
16 Ethereum Classic (ETC) $ 11.5038562535 2965506879.02 -0.61 %
17 NEM (XEM) $ 0.0454819175 29553422.0555 0.00 %
18 Rivetz (RVT) $ 0.007995 9993 -20.90 %
19 MaidSafe Coin (MAID) $ 0.1110 1367484.96476 -0.32 %
20 FunFair (FUN) $ 0.003110 659876.996354 -2.81 %
21 Paragon (PRG) $ 0.01592 362.34112 -12.81 %
22 Stratis (STRAT) $ 0.3037 985978.792886 -0.12 %
23 NavCoin (NAV) $ 0.1015 659640.563461 -1.83 %
24 Rise (RISE) $ 0.002627 44551.98061 3.45 %
25 Verge (XVG) $ 0.0037872163 759364.83599 5.08 %
26 Reddcoin (RDD) $ 0.0007190 40259681.7228 25.00 %
27 TenX (PAY) $ 0.05483 456707.500823 -0.13 %
28 Waves (WAVES) $ 0.8912100364 82970286.3014 1.84 %
29 Lisk (LSK) $ 1.0365054837 6082448.73385 6.17 %
30 KickCoin (KICK) $ 0.0000969519 57571.4577545 5.26 %
31 Monero (XMR) $ 72.1346716882 107010674.883 0.86 %
32 Komodo (KMD) $ 0.6368109417 2702396.03471 3.95 %
33 BitcoinDark (BTCD) $ 22.00 0 0.00 %
34 Dash (DASH) $ 129.41 44110.8016989 2.43 %
35 Gnosis (GNO) $ 15.82 542.73541475 -0.64 %
36 Populous (PPT) $ 0.5442 589469.581183 5.01 %
37 NEO (NEO) $ 11.5080200258 470747259.833 7.02 %
38 BitConnect Coin (BCCOIN) $ 1.00 0 0.00 %
39 Tether (USDT) $ 1.0003916102 40283398497.6 0.00 %

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# Name Price Volume (24h) % Change (24h)

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# Name Price Volume (24h) % Change (24h)

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US CPI In Focus After Jobs Data Dampens 50 BPS Fed Rate Cut Hopes

CoinGape 06 Oct 2024
The crypto market is waiting for the US Consumer Price Index (CPI) data, which is scheduled to be released later this week ... US Job data weighed on market sentiment ... Crypto Market Awaits US CPI Data.
Edit

Is Bitcoin Gearing for a Major Move to $65,000? (BTC Price Analysis)

CryptoPotato 06 Oct 2024
However, the market has seemingly found a footing ... If the market gets rejected from the 200 DMA, then a further drop toward the $56K level and even the $52K level would be probable ... However, the market ...
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Crypto Highlights This Week: Middle East Tension, US Jobs Data, & XRP Lawsuit Steal Spotlight

CoinGape 06 Oct 2024
The Israel-Iran conflict brought significant turbulence to the broader market, whereas the recent U.S ... Crypto Market Braces For Impact As Middle East Tensions Rise & U.S ... As expected, the crypto market mirrored a negative impact to this development.
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Lido (LDO) Faces Massive Correction As Token Losses Mount To 20%

NewsBTC 06 Oct 2024
The Lido (LDO) short-term position continues to be compromised in the face of a market-wide correction phase, dragging the altcoin market to the mud ... The market has not been faring any better as it ...
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Middle East crisis derails Bitcoin recovery

Khaleejtimes 06 Oct 2024
For October, historically considered a positive month for the market, Bitcoin has fallen by 4.8% to $60,683, with current volatility showing that a further plunge might be ahead, analysts say.
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US Spot ETFs Hold 4.6% Of Bitcoin Supply – Is BTC Institutional Demand Growing?

Bitcoinist 06 Oct 2024
Bitcoin and the entire crypto market find themselves at a pivotal moment following several weeks of fluctuating price action ... Bitcoin has increasingly become a regular asset for traditional investors seeking exposure to various markets.
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Market Analysts Evaluate Bitcoin and Altcoin Trends

BitRSS 06 Oct 2024
Bitcoin stabilizes around $62,000 while market trends are ...
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Bitcoin Holds Steady As Bullish Breakout Awaits These Conditions – Details

NewsBTC 06 Oct 2024
And while many investors are highly expectant of a bullish breakout in Q4 2024, certain market conditions must be met ... Bitcoin MVRV, CQ Bull & Bear Indicators Show Market Uneasiness.
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Market Expert Says You’re Already Too Late For Dogecoin And Shiba Inu: Signing Up For ...

Brave New Coin 06 Oct 2024
According to a market expert, the time for cashing in on these meme coins has passed, leaving investors hungry for the next big thing ... The days of Dogecoin (DOGE) and Shiba Inu (SHIB) delivering life-changing profits are over, says the market expert.
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Bitcoin Set To Rally As Analysts Back 25Bps Cut By Fed – Details

Bitcoinist 06 Oct 2024
However, the BTC market has made some recovery in the last day in line with positive jobs data news from the US ... Despite a bearish start to the quarter, the premier cryptocurrency is expected to record hefty market gains based on historical reports.
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Ethereum Price Prediction: New All-Time Highs Before 2025, ETH Whales Scoop Up Ethereum Ecosystem Tokens

Brave New Coin 06 Oct 2024
A meme coin making waves in the crypto market ... For investors seeking high-potential coins, PEPE’s growth in market value and consistent price movement suggest strong momentum and add to its appeal.
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Bitcoin Miners Dump $143 Million In 6 Days – A Sign Of Trouble?

Bitcoinist 06 Oct 2024
While some analysts and investors are anticipating a massive rally in the coming months, key data indicates that the market may not be ready for a breakout just yet ... As the crypto market remains ...
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Elon Musk “Dark MAGA” Boosts Donald Trump’s Win Odds & Crypto Tokens Prices

CoinGape 06 Oct 2024
This surge was accompanied by a 37% increase in trading volume, indicating heightened market activity. Similarly, other Trump-related cryptocurrencies also experienced a market boost ... Historical Context and Crypto Market Reactions.
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Solana (SOL) Path To New Highs: Analyst Eyes $160 As Critical Breakpoint

NewsBTC 06 Oct 2024
Solana is testing a crucial level after weeks of volatile price action and market uncertainty ... The coming days will be critical for Solana as investors assess the market’s trajectory and brace for potential volatility.
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BitGo’s WBTC Retains Over 65% Market Dominance Despite Criticism of Custody Model: Report

CryptoPotato 06 Oct 2024
Wrapped Bitcoin (WBTC), a wrapped version of Bitcoin developed by BitGo, Kyber Network, and Ren, continues to dominate the tokenized BTC market despite criticism around the project, according to Binance Research’s latest monthly report.
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