AD SPACE

Bitcoin price drops after PCE inflation accelerates, institutions take profits

Inflation is accelerating, causing concerns among traders about the Fed’s potential response in light of macroeconomic uncertainty. Summary Fed’s favorite inflation metric, the PCE price index, up 2.7% in August Inflation was in line with expectations, but the metric rose compared to a month prior Institutions are now taking profits, says one industry expert Crypto…

Read More

Is a $15K swing coming next?

Summary Bitcoin is consolidating near $109k, with volatility compressed, according to Bitcoin price prediction analysts. Bollinger Bands and ATR are at lows, while the action continues rangebound between $108k and $113k. Bitcoin price forecast: A breakout above $113k might target $120k-$125k due to ETF inflows and whale demand. Downside expectation: if the price falls below…

Read More

Why BTC crashed ahead of US inflation data

Bitcoin price has dipped again. The decline comes amid growing investor caution ahead of U.S. inflation data, rising ETF outflows, and massive liquidations. Summary Bitcoin price sits at $111,678, down 0.9% on the day. The crypto giant’s losses come ahead of U.S. inflation data, creating investor uncertainty. Exchange-traded funds tracking Bitcoin recently recorded outflows reaching…

Read More