Source: Decrypt ↗
Bitcoin in Limbo as Stocks Rebound Ahead of US Inflation Report
Translation unavailable. Please try again.
What the source reports
U.S. stocks rallied as oil fell, but Bitcoin hovered near $75,000 after a wave of liquidations, with Tuesday’s inflation report set to test bets on a December Fed rate hike.
Read the original report on Decrypt ↗Live market context
Market figures are live reference data, not evidence that this report caused a price movement. Not financial advice.
Related news
Open news desk →Bitcoin slides to 3-month low of $65,000 as analyst flags fourth capitulation wave
"They are now selling at the very price they wish they had taken advantage of three months ago," wrote James Check.
Bitcoin falls below $68,000 as ETF outflows extend to seventh straight day
Bitcoin Price Analysis: Where Is the Bottom as BTC’s Correction Accelerates?
Bitcoin’s correction has sped up over the past week and is now dropping almost vertically. It currently trades around $65K after cutting through several support levels. The latest drop pushed BTC below its daily ascending channel and the key $70K support zone, which leaves deeper demand areas exposed. Meanwhile, the Adjusted SOPR metric indicates that […]